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# U.S. Department of Education Announces More Than 3.1 Million FAFSA Forms Successfully Submitted and an Update to Student Aid Index Calculation

# U.S. Department of Education Announces More Than 3.1 Million FAFSA Forms Successfully Submitted and an Update to Student Aid Index Calculation

January 30, 2024

**Contact:  **press@ed.gov

                                    -        
The  U.S. Department of Education (Department) today released new data that shows  more than 3.1 million *Free Application for Federal Student Aid*(FAFSA®)  forms have been successfully submitted since the 2024–25 redesigned application  went live on Dec. 30. The new data comes a little more than three weeks after  the Department announced more than one million FAFSA forms had been submitted  and the form’s 24/7 accessibility.  

Additionally, the  Department has updated the supporting tables used in the Student Aid Index  (SAI) calculation—which replaced the Expected Family Contribution formula—that  account for inflation. The updated SAI tables will allow students to benefit  from an additional $1.8 billion in aid and ensure that all students can access  the maximum financial aid they are eligible for.   

“The Better FAFSA  makes it as simple and easy as possible for families to get help paying for  college, and updating our tables will help even more students get the help they  need” said Under Secretary of Education James Kvaal. “Updating our calculations  will help students qualify for as much financial aid as possible. Thank you to  the financial aid advisers, college counselors, and many others helping us put  students first.”  

“Students,  parents, and families continue to share with us how easy and fast it is to  complete and submit the 2024–25 FAFSA form,” said Federal Student Aid Chief  Richard Cordray. “We remain committed to ensuring students and families have  stable and secure access to more than $114 billion in federal financial aid. We  know how crucial this support is to pursue higher education, particularly for  the most underserved communities, and the positive ripple effects an education  beyond high school makes in the lives of millions, their communities, and the  country.”  

To further support  schools and state agencies, the Department will begin transmitting batches of  FAFSA information—known as the Institutional Student Information Record or  ISIR—to these partners in the first half of March. Students  will also be able to make corrections to their form starting in the first half of March. We are continuing to  test several vendor-built systems and we will provide regular progress updates  to schools and stakeholders as we move forward.  

**A  Better FAFSA Form**  

The launch of the  simplified, redesigned, and streamlined 2024–25 FAFSA form ensures 610,000 more  students from low-income backgrounds receive Federal Pell Grants. Additionally,  Pell recipients will receive more aid with nearly 1.5 million more students  receiving the maximum Pell Grant. Today’s new FAFSA data underscores the  Biden-Harris Administration’s vision and commitment to deliver the most  significant overhaul of the FAFSA form since its inception, almost four decades  ago.  

**Continued  Commitment to Support a Better FAFSA Experience for All**  

The Department has  been working tirelessly to ensure the 2024–25 FAFSA form successfully improves  the user experience for all users, particularly students and their families.  The Department remains committed to provide helpful tools and information for  students and parents on StudentAid.gov including notifying—via email—previous FAFSA applicants who have not yet  submitted a 2024–25 FAFSA form; and provide resources and support for  counselors, mentors, college access organizations, postsecondary schools, and  state agencies through webinars and updates on FSA Partner  Connect. 
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