New Changes to Financial Aid
Federal & Texas Financial Aid Applications
There are several financial aid changes for the upcoming 2024-2025 aid year which will impact both the Free Application for Federal Student Aid (FAFSA) and Texas Application for State Financial Aid (TASFA). UTSA remains committed to offering high-quality, affordable education to our students. You can find out more information below on what’s changing. We will continue to update this page as more information becomes available.
What’s changing?
FAFSA
- The application is being simplified due to Federal legislation. This is delaying the date it will open. The FAFSA will open sometime during December 2023.
- Our new financial aid priority deadline is March 15.
- There will be fewer questions for students to answer on the application.
- The Department of Education will use a simplified calculation which may increase the number of Pell-eligible students. We encourage all students to apply once the application opens.
- The application will now calculate a Student Aid Index (SAI) instead of the Expected Family Contribution (EFC). Students with the highest need may see a negative number.
- Students will consent to provide their Federal Tax Information (FTI) via a direct data share with the IRS. All contributors must provide FTI consent regardless of tax filing status.
- Students and parents (if applicable) will need an FSA ID to apply for federal student aid.
- Students will now have the option to indicate on the FAFSA if they have unusual circumstances and request guidance from Financial Aid at UTSA.
- Students with parents who are divorced or separated must now file their FAFSA with the parent who provided them the most support during the previous year.
- Families will now have to report assets for small businesses and family farms (where they live), if applicable.
- The Student Aid Report (SAR) will now be called “FAFSA Summary”.
TASFA
- Due to the federal application delay, the opening of the state application will also be delayed. The state has not set the opening date, but we will update this page as soon as it’s announced.
- Our new financial aid priority deadline is March 15.
How does this impact UTSA?
The financial aid applications will now open later. We’ve included important dates below, but these are subject to change. As we learn more information, we’ll update this page accordingly.
FAFSA Opens | Late December |
TASFA Opens | TBD |
Financial Aid Priority Deadline | March 15 |
Bold Promise Deadline | March 15 |
Distinguished Presidential Scholarship Deadline | January 15 |
General Scholarship Priority Deadline | January 15 |
Frequently Asked Questions
Will there be assistance to help us fill out the financial aid application?
Yes, our Financial Success team will be hosting several workshops for new and continuing students.
Continuing students, please keep checking back as events will be added!
When is the 2024-2025 FAFSA opening?
Currently the FAFSA is slated to open by the end of December. We’ll update this page once we know an official date.
When is the 2024-2025 TASFA opening?
At this time we do not know when the TASFA will open, but know it will be delayed. We’ll update this page once we know an official date.
Is the financial aid priority deadline changing?
Yes, our new financial aid priority deadline is March 15.
Is the Distinguished Presidential Scholarship deadline changing?
No, the Distinguished Presidential Scholarship (DPS) deadline will remain January 15. We encourage you to apply early!
Is the General Scholarship priority deadline changing?
The General Scholarship priority deadline will remain January 15.