New FAFSA timeline could bring major changes in admissions

New FAFSA timeline could bring major changes in admissions

While consumer attention is largely focused on such headline-grabbing college accès issues while new studies, new review reports, new applications and also proliferation about portfolio improvement tools, the main Department of Education has long been quietly concentrating on changes in the Zero cost Application pertaining to Federal Individual Aid(FAFSA) due to be carried out just after institution starts future fall.

In summary, FAFAS is backing up often the timeline to get filing united states aid programs by with three months to support a whole new policy empowering students to implement ‘prior-prior’ time (PPY) taxes data to be approved for enable. In other words, a high school person planning to become a member of college with fall 2017 will computer file FAFSA applying tax information from 2015— the prior previous year.

PPY is timetabled to inicio in Oct 2016, with regard to applications for your 2017-18 merit year. Therefore the high education class about 2017 will be the first collection to use the actual PPY FAFSA. It also is the reason why colleges, along with the Department about Education and also Internal Revenue Service, will be scrambling figure out what effect this transformation will have in basic program mechanics additionally , on the overall everyone cycle.

Produce no slip-up. The use of PPY is a desired new policy supported by many of the major college funds players including AACRAO, NACAC, NASFAA, NASSGAP, and the College Board, which can be realigning CSS PROFILE requirementsto use PPY. In addition , many colleges formerly announced dedication to make equivalent changes in institutional financial aid software for the 2017-18 year, just like University for California process and others.

Based on the National Group of College Financial Aid Administrators (NASFAA), the ma 続きを読む New FAFSA timeline could bring major changes in admissions