Primarily these applications are available annually every October, however due to significant changes to the applications, the new FAFSA/CADAA are anticipated to come out December 31, 2023. This year is the start of the FAFSA Simplification Act which represents a significant overhaul of the processes and systems used to award federal student aid .This includes changes to the Free Application for Federal Student Aid (FAFSA®) form, the California Dream Act Application (CADAA) form, and many policies and procedures for schools that participate in federal and state student aid programs.
The number one change you can expect is Student Aid Index (SAI) replacing the Expected Family Contribution (EFC). The new need analysis formula removes the number of family members in college from the calculation, allows a minimum SAI of -1500, and implements separate eligibility determination criteria for Federal Pell Grants.
You can begin preparing utilizing the 24-25 student aid estimator: https://studentaid.gov/aid-estimator/