Student Financial Services

Questions about repaying education loans? Click here to access some basic information.

Welcome to Xavier Student Financial Services!

The staff members in the Office of Student Financial Services are available to guide you and your family through the financial aid process. Our financial aid counselors will be here every step of the way to advise you and answer any questions. Together, we will help you realize just how valuable and worthwhile a Xavier education will be. 

2024-2025 FAFSA Changes

Big changes are coming for the 2024-25 FAFSA! Federal legislation passed in 2020, designed to simplify the FAFSA filing process, will bring many changes to the way federal student aid is calculated for the 2024-25 academic year and beyond. The new FAFSA form reduces the maximum possible questions from 108 to 46, making it simpler and easier for families to use. Many things about the FAFSA will remain the same, however, families who have filed a FAFSA before may notice some key differences.

Note that the changes to the 2024-25 FAFSA are being implemented by the Department of Education, and information presented here is subject to change as new guidance becomes available. Please check back for updates.

When will the 2024-2025 FAFSA be available?

This is the most significant change to the federal aid filing process in decades, so the FAFSA application and processing system must be redesigned and rebuilt. This will cause a delay in the availability of the application until sometime in December 2023. Please check here regularly for updates on exactly when the 2024-25 FAFSA will be available.

What will be different about the 2024-2025 FAFSA?


A contributor is anyone who is required to provide consent and approval for federal tax information (FTI) along with their signature on the FAFSA form, including the student; the student’s spouse; a biological or adoptive parent; or the parent’s spouse (stepparent). The student’s answers to certain questions on the FAFSA will determine which individuals will be required to provide information. Contributors will receive an email informing them that they have been identified as such and will need to log in to access and complete their section of the FAFSA using their own FSA ID to provide the required information.

Contributors can start the process now by securing an FSA ID at, if they don’t already have one.

Tax and Income Information

Beginning with 2024-25, all FAFSA contributors will be required to use the IRS Direct Data Exchange (DDX) to share tax information or confirm non-filing status. The DDX gives ease to the process and reduces the number of questions to be answered. All persons identified as contributors must provide consent to the use of their federal tax information on the student's FAFSA. The student will not be eligible for any Title IV aid until the necessary approval is provided by each contributor.

SAI replaces EFC

Previously, the FAFSA used the Expected Family Contribution (EFC) to indicate a family’s level of financial need. The 2024-25 FAFSA will replace the EFC with the Student Aid Index (SAI). Unlike the EFC, the SAI can be a negative number (down to -1500).

Number in College

The FAFSA previously considered the number of household dependents attending college when calculating the EFC. Beginning with the 2024-25 year, the FAFSA will continue to ask how many household dependents are enrolled in college, but the answer will not factor into the calculation of the Student Aid Index (SAI).

Automatic Pell Grants

Families making less than 175% and single parents making less than 225% of the federal poverty level will see their students receive a maximum Federal Pell Grant award. Minimum Pell Grants will be guaranteed to students from households below 275%, 325%, 350%, or 400% of the poverty level, depending on household structure. Pell awards between the maximum and minimum amounts will be determined by the SAI.

Cases of Divorce or Separation

For dependent students, financial information was previously required of the parent with whom the student had lived with the most during the 12 months prior to filing the FAFSA. Beginning with 2024-25, financial information will be required from the parent who provided the most financial support to the student during the prior 12 months (even if the student does not live with that parent) or the parent paying child support if that support equals more than 50% of the student’s overall support.

Larger Income Protection Allowances

The Student Aid Index (SAI) calculation will take into account a larger Income Protection Allowance (IPA), consequently lowering the amount of student or parent income considered to be available to pay for college. 

 Xavier Tuition and Fees

View Xavier's complete listing of tuition and fees >>

To estimate how much you and your family may need to contribute for one year at Xavier University, explore our Net Price Calculator tool by clicking the link below.

Net Price Calculator

Frequently Asked Questions

How do I file the FAFSA?
How do I apply for loans?
Do I need to make an appointment to meet with a financial aid counselor?

Find out more on the FAQ Page>>