College Students and Parents: What You Need to Know About the 2017–18 FAFSA®
What’s changing for 2017–18?
Starting with the 2017–18 Free Application for Federal Student Aid (FAFSA®), these changes will be in effect:
Other changes to federal legislation have resulted in some significant changes in student aid programs for all college and university students. Many of the following changes went into effect July 1, 2012.
Pell Grant Eligibility:
Eligibility for Pell grants has been restricted to 12 semesters of full-time enrollment, or the equivalent for part-time students. If you have been a full-time student and have received Pell grants for 12 semesters, you cannot receive another Pell grant. Pell eligibility is pro-rated for part-time attendance. This affects current and future students. » More information about Pell Grant Lifetime Eligibility Used.
High School Diploma or GED required for aid eligibility:
Beginning July 1, 2012, only students who hold a valid high school diploma or GED can receive federal financial aid. If you are a current BPCC student and you were admitted under the Ability to Benefit (ATB) policy, you can and will continue to receive federal aid.
Expected Family Contribution:
For students and families who file the FAFSA, the income necessary to qualify for an Expected Family Contribution of zero changed from $32,000 to $23,000. Keep in mind there are multiple factors that go into calculating the EFC and financial aid awards. Having an EFC of zero does not guarantee any type of amount of student aid. This affects current and future BPCC students.
New Change Effective July 1, 2013: