New FAFSA timeline might bring major within admissions

New FAFSA timeline might bring major within admissions

While client attention has become largely focused entirely on such headline-grabbing college accès issues seeing that new exams, new credit report scoring reports, brand new applications along with the proliferation with portfolio development tools, the very Department involving Education has long been quietly implementing changes in the No cost Application for Federal College student Aid(FAFSA) resulting from be carried out just after education starts up coming fall.

To put it succinctly, FAFAS is actually backing up the exact timeline intended for filing government aid balms by 11 weeks to support an innovative policy granting students to work with ‘prior-prior’ year (PPY) duty data to qualify for enable. In other words, a very high school person planning to take college around fall 2017 will submit FAFSA by using tax information and facts from 2015— the prior past year.

PPY is planned to comienzo in July 2016, pertaining to applications for any 2017-18 honour year. This means the high class class about 2017 may be the first class to use the exact PPY FAFSA. It also will mean that colleges, combined with the Department connected with Education plus the Internal Revenue Service, are scrambling to figure out what result this modification will have on basic approval mechanics and so on the overall entry cycle.

Help to make no miscalculation. The use of PPY is a welcome new scheme supported by the many major financial aid players such as AACRAO, NACAC, NASFAA, NASSGAP, and the College or university Board, that is definitely realigning CSS PROFILE requirementsto use PPY. In addition , a number of colleges have already announced dedication to make very much the same changes in institutional financial aid purposes for the 2017-18 year, like the University regarding California process and others.

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