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Thursday, September 22, 2016

NEW FAFSA Deadline

Students and parents can now fill out the Free Application for Federal Student Aid (FAFSA) for the 2017-18 year beginning on Oct. 1, 2016!

Things to Remember
  • Your student's FAFSA will need to be completed by the school’s priority deadline for priority consideration for scholarships and financial aid awards. For some schools this is Dec. 1, 2016.
  • You and your student will use completed tax information from two years prior when submitting the FAFSA. So, use 2015 tax information if your student plans on attending college during the 2017-18 school year.
  • If parents and students filed a 2015 federal tax return, they should use the FAFSA IRS Data Retrieval Tool to populate their income on the FAFSA. This will prevent having to submit a copy of the tax return to the financial aid office at a later date.
  • Newly admitted students who meet the Dec. 1 priority deadline will receive award notices before Jan. 1. Current students will begin receiving award notices before March 15.
  • Families who have experienced a significant decrease in their income since filing 2015 federal taxes are encouraged to contact the school’s Financial Aid office directly to discuss options.
  • Although borrowers will be able to accept PLUS loans earlier, the governmental website to complete the application, credit check and promissory note will not be available until the end of March. Financial Aid will notify PLUS loan recipients when the website is available.