Category: Articles

These challenges resulted in significantly lower FAFSA completion rates, especially among first-generation and low-income students — the groups that often benefit the most from completing their financial aid applications. 

Looking ahead to the 2024-2025 cycle, we expect the challenges to continue. Some FAFSA publications indicate a return to the October 1 opening application date, but the fine print indicates that this will only be for a portion of the student population. The vast majority of students will have to wait, many until early December or later. 

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The full 2025-2026 FAFSA won’t be open to the general public until December.

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At Inspired Pathways, we are already working with our college partners on mitigation strategies, just as we did last year. Despite having dozens of students face FAFSA issues within our Class of 2024 scholarship group, we had no one lose their scholarship because of those issues. To ensure that we have the same success rate this year, we encourage all students and parents to prepare early. Below are some steps you can take to move the process forward:

• Create your FSA ID now: The FSA ID (Federal Student Aid Identification) is a username and password that allows students and parents to access U.S. Department of Education websites, including the FAFSA application. It serves as a digital signature and is used to confirm identity when applying for federal student aid. Both the student AND the parent need to create their own, and it can be created at any time.
• Prepare your documentation: More than half of families are able to use the IRS retrieval tool to automatically upload tax information, but many others will have to enter it manually. Get the following documents ready in case you have to enter the information manually: social security number, driver’s license number, federal tax returns from 2023, access to current bank statements. 
• Attempt to apply early: Some students will be able to apply on October 1. We suggest checking to see if your application is available as close to that date as possible. If it isn’t, try every other week until you are able to complete your application. 
• Keep us in the loop: Let us know if you’re having any trouble with your application. We’ll make sure to note it on your file so you won’t miss out on anything. We’ll provide support if the issue you’re facing can be resolved from the outside, and we’ll work with your college to make sure there is no delay in your education.

In this issue you’ll find:

• The latest on FAFSA
• Inspired Pathways reps visit Faribault production facility
• Why college price tags don’t tell you the whole story
• Tips to help make studying a breeze
• And more

In this issue you’ll find:

• The importance of academic planning.
• What college price tags don’t tell you.
• A recap of the Inspired Pathways team’s trip to Iowa plant communities.
• And more!

In this issue you’ll find:

• How High School seniors can take advantage of their summer.
• Continuing FAFSA issues plague the program, what you can do.
• What you need to know about the new Inspired Pathways portal
• And more!

In this bulletin you’ll find:

• Information about the program’s new application portal
• A discussion of the issues surrounding the new FAFSA process
• Advice for transferring to a four-year school
• Advice on choosing the right career for you
• Add more

In 2021, Congress passed legislation to address issues related to FAFSA accessibility, the total amount that could be borrowed through student loans, and to standardize the financial aid terminology used by colleges. These changes are being implemented on a year-by-year basis. 

Last year, the most notable change was the removal of a penalty for “over borrowing” that caused some students’ loans to be changed from Subsidized to Unsubsidized. Subsidized loans do not accrue any interest until after the student graduates. Unsubsidized loans start accruing interest immediately after being borrowed. This change is a huge help to those families that rely on subsidized loans. 

While changes in previous years affected only specific students, this year some of the changes will impact everyone who is using FAFSA — which all college students should fill out.  

Most notably, the opening date for FAFSA has moved from October 1 to December 1. This change may give the impression that it is OK to wait and fill out the FAFSA form. DO NOT DO THAT. Fill out the FAFSA as early as possible, because some of the funding is on a first-come-first-served basis. (Don’t worry if you’re a little late, none of it will run out in the first few weeks.)

“Tuition and fees,” which once covered everything besides room and board, will now refer only to tuition and fees directly related to courses, like lab fees. All other fees will be moved into a new category called “book, course materials, supplies, and equipment” and most importantly for families, for the first time this category will have its own funding. 

Student transportation expenses are now taken into consideration by FAFSA when calculating need, and colleges can give some funding for transportation between campus, a student’s home, and most notably a student’s place of work.

Colleges are no longer allowed to charge an extra loan fee for non-federal loans. Federal loans were already exempt from these fees.

There is increased funding for students who are working toward obtaining a license, certification or professional credential.

If you have questions about these changes, or any other college financial aid–related issues whether you’re an Inspired Pathways recipient or not, please don’t hesitate to reach out. Some students, like Addison Hoermann, took advantage of our financial aid counseling and received much more compensation than she was expecting.

To  receive financial aid counseling, sign up for a one-on-one meeting with a member of the Inspired Pathways team or reach out to our director Nate Lockett through our website.

In this bulletin you’ll find:

• Advice for juniors
• Ways to prepare for the SAT & ACT
• How Pathways is making college more attainable for students
• The keys to the community college application process
• And more!

In this issue you’ll find:

• Financial aid tips & tricks
• Study tips to help you in high-school and beyond
• What they don’t tell you about four-year college price tags
• A message from Hormel Inspired Pathways board member Jim Sheehan.
• And more!

In this issue you’ll find:

• An interview with a Pathways family from our first graduating class
• Tips to help your high school graduate transition to college
• Why this summer is pivotal for rising seniors
• How to make the most out of our upcoming college visits
• And more!

Read the latest newsletters.

In this issue you’ll find:

• A conversation with the Inspired Pathways Director Nate Lockett.
• Academic Planning Advice to help in your college prep.
• Transferring to a 4-Year College: What you need to know.
• Choosing the Right Career For You: What you should consider.
• And more!