The vast majority of students (more than 85%) rely on some form of financial aid to pay for college. Without it, many would be unable to enroll in the institutions of their choice. At the center of this process is the FAFSA, which is required for all federal aid programs and is also used by many states and colleges to determine eligibility for grants, scholarships, and other forms of assistance. In many ways, it serves as the gateway to whether students can afford to pursue postsecondary education.

The past few years have seen major disruptions and changes to the FAFSA process. A significant overhaul two years ago caused a chaotic year filled with challenges and frustrations, but the system rebounded last year with a much smoother rollout. This year, changes to the U.S. Department of Education–the federal agency responsible for overseeing FAFSA–have raised new concerns about the possibility of another turbulent cycle. The good news is that, so far, the process is anticipated to be on track for a successful launch. 

Because the FAFSA so often determines whether students can access their top college choices, it is critical that families, students, and counselors approach the process with clear information and preparation. To support that effort, here are ten things to know about this year’s FAFSA. 

1. FAFSA Release Date

The 2026-27 FAFSA officially opens on October 1, 2025. This marks the first day students can apply for federal student aid for the 2026-27 academic year. Completing the FAFSA early is critical because some aid (including state grants or institutional funds) is distributed on a first-come, first-served basis.

2. Beta Testing Now Underway 

The Department of Education is running a beta test of the FAFSA before its full release. Beta testing helps ensure the FAFSA system works as expected and avoids delays and technical challenges. Phase 1 of beta testing is complete. Phase 2 is currently open and runs through September 2025.

3. Students Can Apply to Complete FAFSA NOW as Part of the Beta Test

Students can use this link to request access to the beta version. If approved, they can submit their FAFSA early. Submissions during beta count as official applications; there is no need to refile once the form launches publicly. Only a limited number of students will be invited to participate, which gives the Department of Education a chance to fix glitches before millions of students begin applying in October. Students should understand that approvals are strictly based on numbers and should not be concerned if they do not receive an invitation. Students who are not invited should plan to file as soon as the form opens on October 1st.

4. Pell Grants Are Safe 

Despite some speculation that there would be reductions, the Pell Grant program remains fully funded, with a $10.5 billion cash infusion approved by Congress. This guarantees stability for this program that supports low-income students. Pell Grants do not need to be repaid and can cover tuition, fees, and other college costs. The maximum Pell Grant for 2026–27 remains at $7,395, though award amounts vary based on family income and enrollment status (e.g., full-time, half-time).

5. Workforce Pell Grants Are Coming

Beginning in July 2026, students will have access to new Workforce Pell Grants designed for short-term, career-focused programs. These grants will apply to eligible training in high-demand fields like healthcare, technology, and the skilled trades. This expansion makes it possible for students to afford credentials that allow for employment outside of traditional two- or four-year degree programs.

6. Federal Loans Remain Unchanged

Students will still be able to apply for Direct Subsidized and Unsubsidized Loans under the current system. It is important for students and families to understand that subsidized loans do not accrue interest while students are in school, while unsubsidized loans do. Loan limits vary by year in school and dependency status. 

7. Students Can Prepare Now

Students do not need to wait until October 1st to get ready. Students can: 

• Create an FSA ID/StudentAid.gov account at this link.

• Gather the relevant information needed to complete the form. Click here to learn more about which documents are required.
  

8. Applying Early Means More Assistance

Students who prepare now can submit their FAFSA as soon as it opens. Filing early is especially important because state grants and institutional scholarships often run out quickly. Early submissions also give colleges the information they need to build financial aid offers sooner, allowing students to compare award letters and make better-informed enrollment decisions.

9. It is Important to Stay Updated

Students, counselors, and families should also regularly check StudentAid.gov for updates, official announcements, and resources. Staying informed ensures students do not miss deadlines, key updates, or new program details.

10. It is Critical to Remind Students to Ask For Help if Needed

Completing the FAFSA can feel complicated and confusing. Remind students and families that they do not have to navigate this alone. Regularly share that school counselors, educators, and college financial aid offices can be tremendous resources for guidance and support. Students and families can also use the FAFSA Help Center and chat tools on StudentAid.gov for step-by-step support. Asking questions early can prevent mistakes that might delay critical financial assistance. 

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