New FAFSA timeline could bring major within admissions
While consumer attention has long been largely dedicated to such headline-grabbing college vestibule issues because new testing, new get reports, innovative applications plus the proliferation with portfolio growth tools, the actual Department associated with Education is quietly doing changes in the Absolutely free Application intended for Federal Learner Aid(FAFSA) as a consequence of be carried out just after university starts upcoming fall.
In other words, FAFAS can be backing up often the timeline pertaining to filing united states aid purposes by with three months to support a different policy enabling students make use of ‘prior-prior’ twelve months (PPY) taxation data to qualify for aid. In other words, an excellent school person planning to become a member of college for fall 2017 will record FAFSA employing tax information and facts from 2015— the prior preceding year.
PPY is timetabled to presentación in August 2016, meant for applications for your 2017-18 accolade year. Which means that the high education class for 2017 is definitely the first group to use the very PPY FAFSA. It also suggests that colleges, with the Department involving Education and also the Internal Revenue Service, are actually scrambling to figure out what consequence this modification will have in basic approval mechanics and also to the overall entrance cycle.
Help make no slip-up. The use of PPY is a accepted new coverage supported by the whole set of major financial aid players including AACRAO, NACAC, NASFAA, NASSGAP, and the Institution Board, and that is realigning CSS PROFILE requirementsto use PPY. In addition , several colleges have already announced commitments to make similar changes in institutional financial aid use for the 2017-18 year, including the University for California process and others.