Descriptive Transcript of "What’s Changed for the 2024–25 FAFSA Form?" video

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Time CodesVisualsAudio
0:00"FAQ" letters slide in from left, modern illustration of family of four slides in from right. The son in the group will represent the student in this video.  
0:05Illustration of woman at laptop holding glasses slides onto screen replacing family and "FAQ". Words "Taylor-Guidance Counselor" appear on screen.Hi, I'm Taylor, a guidance counselor, here to answer your questions and help you on your financial aid journey.
0:13Illustration of student from first slide pops back in with silhouette of family behind him. Words appear on screen: What's changed for the 2024-2025 FAFSA form?Wondering what’s changed for the 2024–25 FAFSA® form?
0:19Guidance counselor appears again on screen. Words appear on screen:
"Changes to the FAFSA form and experience for 2024-25"
There are six key changes coming to the FAFSA form and experience for 2024–25.
0:26Text changes to "Spouses or stepparents may need to participate" wiht picture of young man from first slides next to a woman, presumably his spouse. One, a spouse or stepparent may need to participate in your FAFSA form as a contributor. Contributor is a new term being introduced for the 2024–25 FAFSA form. And we'll go into more detail on what that means in our “Who is a Contributor on the 2024–25 FAFSA Form” video.
0:46Image replaced with tax form icon and text: Federal tax information will be transferred directly from the IRS into the form. Two, your federal tax information will now be transferred directly from the IRS into the form. This information will be used to determine your eligibility for federal student aid and shared with schools and state higher education agencies to prepare financial aid offers.
1:04Text changes to read: Consent and approval for the transfer of federal tax information are required to be eligible for federal student aid.Three, for this transfer to happen, you and your contributors must provide consent and approval on the FAFSA form. This is a new requirement, and if consent and approval aren't provided, you will not be eligible for federal student aid. Even if one of your contributors doesn't have a Social Security number, didn't file taxes, or filed taxes outside of the U.S., consent and approval are still required.
1:30Text changes to read: Everyone must have their own StudentAid.gov account.Four, you and your contributors will each need to have your own StudentAid.gov account username and password to access and complete the online FAFSA form.Contributors who don't have a Social Security number can still create a StudentAid.gov account to fill out their sections on the FAFSA form. But remember, you must be a U.S. citizen or eligible noncitizen to be eligible for federal student aid. Icon changes to person with password being entered.
1:59Icon changes to numbers 1, 2, 3. Text changes to read: You can view more details about the status of your FAFSA form.Five, once your FAFSA form has been started, you will now be able to view the status, including contributor progress in your StudentAid.gov account.
2:11Icon changes to form with check mark next to it and paper airplane looking like it's flying through the air. Text changes to: If you complete the online FAFSA form, your information can be sent to up to 20 colleges, career schools, or trade schools. Finally, when you complete the online FAFSA form, your information can now be sent to more schools, with the option to select up to 20 colleges, career schools, or trade schools.
2:23Guidance counselor image and text slide out, replaced by image of student on computer. Next to student is the URL StudentAid.govIf you have more questions about the FAFSA process, visit StudentAid.gov.