New FAFSA timeline you could end up major within admissions

While applicant attention is actually largely thinking about such headline-grabbing college admissions issues when new exams, new rating reports, new applications as well as proliferation associated with portfolio progress tools, the actual Department for Education has long been quietly working away at changes in the Zero cost Application for Federal College Aid(FAFSA) because of be integrated just after class starts next fall.

Simply speaking, FAFAS is actually backing up the exact timeline to get filing government aid programs by ninety days to support a fresh policy enabling students to apply ‘prior-prior’ season (PPY) levy data to qualify for support. In other words, an excellent school person planning to take college in fall 2017 will record FAFSA applying tax information and facts from 2015— the prior former year.

PPY is appointed to first appear in Oct 2016, regarding applications for that 2017-18 honour year. Therefore the high university class about 2017 is definitely the first cluster to use often the PPY FAFSA. It also is the reason why colleges, and the Department regarding Education and the Internal Revenue Service, happen to be scrambling to comprehend what result this change will have for basic program mechanics and also to the overall classes cycle.

Generate no error. The use of PPY is a desired new plan supported by the many major financial aid players like AACRAO, NACAC, NASFAA, NASSGAP, and the College or university Board, that is definitely realigning CSS PROFILE requirementsto use PPY. In addition , a lot of colleges formerly announced dedication to make equivalent changes in institutional financial aid apps for the 2017-18 year, including the University associated with California technique and others.

In accordance with the National Association of Student Financial Aid Read more →