New FAFSA timeline could bring major within admissions
While patient attention has become largely focused on such headline-grabbing college admission issues while new checks, new ranking reports, different applications and also proliferation involving portfolio enhancement tools, often the Department for Education has long been quietly perfecting changes in the Zero cost Application just for Federal Scholar Aid(FAFSA) because of be integrated just after institution starts upcoming fall.
To put it succinctly, FAFAS is actually backing up the timeline regarding filing federal aid apps by 90 days to support a different policy permitting students to use ‘prior-prior’ twelve months (PPY) duty data to qualify for support. In other words, a high school senior planning to sign up for college on fall 2017 will computer file FAFSA employing tax tips from 2015— the prior previous year.
PPY is slated to estreno in October 2016, meant for applications for the 2017-18 accolade year. Consequently the high classes class regarding 2017 is definitely the first team to use the particular PPY FAFSA. It also means that colleges, along with the Department connected with Education and then the Internal Revenue Service, are actually scrambling to comprehend what impact this modification will have regarding basic application mechanics and so on the overall entrance cycle.
Help make no error in judgment. The use of PPY is a greet new insurance plan supported by the whole set of major financial aid players which include AACRAO, NACAC, NASFAA, NASSGAP, and the University or college Board, which is realigning CSS PROFILE requirementsto use PPY. In addition , many colleges have already announced commitments to make related changes in institutional financial aid programs for the 2017-18 year, including the University with California product and others.
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