On behalf of the U.S. Department of Education Central Processing System (CPS), the Financial Aid Team wants to advise you that the New Simplified Free Application for Federal Student Aid (FAFSA) will be released in December 2023 for the 2024-2025 Aid Year, only. Thereafter, the FAFSA release date will revert back to its usual October schedule.
The “Simplified” application will be streamlined beginning with a reduction in the number of questions. The Expected Family Contribution (EFC) will be replaced with a new Student Aid Index (SAI) to expand the Pell Program to more students. Once the USDOE determines the 2024-25 aid year FAFSA release date in December, you will receive an invitation to participate in our town hall meetings.
For more information, contact a Financial Aid team member at (340) 692-4193 / 693-1090 or email financialaidstx@uvi.edu/ financialaidstt@uvi.edu