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.

Popular posts from this blog

Independent Contractor Exemption Certificate (ICEC) – Frequently Asked Questions

Image
Montana Workers’ Compensation Laws for Independent Contractors from the Department of Labor & Industry What are Montana’s workers’ compensation laws for independent contractors? The law requires independent contractors to obtain either an independent contractor exemption certificate or self-elected coverage under a Montana workers’ compensation insurance policy. Refer to MCA, 39-71-417 . What is the purpose of an independent contractor exemption certificate? It allows an independent contractor to waive all their rights and benefits that would otherwise be provided by a workers’ compensation insurance policy. If an independent contractor were to suffer a work-related injury or occupational disease while performing the occupations specified on the certificate, they would not be eligible for workers’ compensation benefits. The certificate concludes the person’s status is conclusively presumed to be that of an independent contractor. Refer to MCA, 39-71-417(7) . What is the purpos
Read more

2019 Extended Tax Return Filing Deadline

IRS reminds taxpayers who filed an extension that the Oct. 15 due date approaches File and pay electronically, request direct deposit for refunds WASHINGTON – The Internal Revenue Service today reminds taxpayers who filed an extension that the Oct. 15 due date to file 2019 tax returns is approaching. Taxpayers should complete their tax returns and file on or before the Oct. 15 deadline. Convenient electronic filing options , including IRS Free File , are still available. Taxpayers and tax professionals should continue to use electronic options to support social distancing and speed the processing of tax returns, refunds and payments. Although Oct. 15 is the last day for most people to file, some taxpayers may have more time. They include: Members of the military and others serving in a combat zone . They typically have 180 days after they leave the combat zone to file returns and pay any taxes due. Taxpayers in federally declared disaster areas who already had
Read more

~ Christmas Wreath Silent Auction ~

Image
Bidding begins today and we encourage you to drop by our office or comment on our Facebook post to take this beautiful handmade wreath "home for the holidays"! All proceeds benefit the Broadus Senior Center and remember, Gardner & Billing CPAs will match the winning bid up to $50! Bidding will end after the stroll on Friday, so keep an eye on this one!
Read more