New FAFSA timeline could cause major within admissions
While applicant attention have been largely dedicated to such headline-grabbing college admission issues because new lab tests, new get reports, brand new applications and also the proliferation for portfolio enhancement tools, typically the Department about Education is actually quietly taking care of changes in the Totally free Application pertaining to Federal Scholar Aid(FAFSA) caused by be used just after class starts up coming fall.
The bottom line is, FAFAS is actually backing up the who am i essay college actual timeline with regard to filing federal aid purposes by with three months to support an exciting new policy allowing students to work with ‘prior-prior’ twelve months (PPY) taxation data to qualify for aid. In other words, an increased school senior planning to take college within fall 2017 will report FAFSA utilizing tax tips from 2015— the prior past year.
PPY is scheduled to inicio in July 2016, pertaining to applications in the 2017-18 give year. Which means the high education class involving 2017 certainly is the first team to use the PPY FAFSA. It also implies that colleges, together with the Department of Education along with the Internal Revenue Service, will be scrambling to figure out what impression this transformation will have with basic program mechanics as well as the overall everyone cycle.
Make no mistake. The use of PPY is a welcome new scheme supported by every one of the major grants players including AACRAO, NACAC, NASFAA, NASSGAP, and the University Board, and that is realigning CSS PROFILE requirementsto use PPY. In addition , a variety of colleges have previously announced commitments to make comparable changes in institutional financial aid computer software for the 2017-18 year, such as the University regarding California procedure and others.
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