How can students add college grants, scholarships, or AmeriCorps benefits reported as income to the IRS on their FAFSA form?

The U.S. Department of Education released the 2025–26 FAFSA on November 21, 2024, offering access to federal grants, loans, and work-study opportunities. FAFSA data also supports state and institutional aid. Students must report taxable portions of scholarships or grants exceeding education expenses on their IRS filings. Federal Student Aid FAQs provide detailed guidance for accurate reporting.