The U.S. Department of Education (USDE) has been teasing a new form for the Free Application for Federal Student Aid (FAFSA) for months. But according to the DPI, it’s now officially ready and available online.

Some experts are calling this the biggest overhaul of the application since the Reagan administration, featuring significantly less questions, adjusted formulas and more.

The DPI is sharing the following for high school counselors about the changes: