10 Sep New FAFSA timeline could cause major within admissions
New FAFSA timeline could cause major within admissions
While candidate attention is largely focused on such headline-grabbing college admissions issues simply because new checks, new score reports, unique applications plus the proliferation associated with portfolio production tools, typically the Department with Education is quietly working away at changes in the Free Application for Federal Scholar Aid(FAFSA) due to be applied just after classes starts after that fall.
In summary, FAFAS will be backing up often the timeline to get filing federal aid computer software by 11 weeks to support the latest policy empowering students make use of 'prior-prior' twelve months (PPY) tax bill data to be approved for assist. In other words, a superior school mature planning to take college around fall 2017 will data file FAFSA applying tax data from 2015— the prior before year.
PPY is signed to comienzo in July 2016, meant for applications for the 2017-18 give year. Because of this the high classes class regarding 2017 will be the first set to use the main PPY FAFSA. It also means that colleges, and also the Department for Education and also the Internal Revenue Service, tend to be scrambling to determine what effects this alter will have regarding basic approval mechanics additionally , on the overall entry cycle.
Help to make no error. The use of PPY is a greet new protection plan supported by all the major educational funding players together with AACRAO, NACAC, NASFAA, NASSGAP, and the College Board, that is definitely realigning CSS PROFILE requirementsto use PPY. In addition , numerous colleges have already announced obligations to make equivalent changes in institutional financial aid applications for the 2017-18 year, including the University connected with California structure and others.
As per the National Organization of Pupil Financial Aid Site urgentessay.net (NA