Understanding a Major Change to FAFSA
In October 2015, President Obama announced a long-anticipated change to the Free Application for Federal Student Aid (FAFSA). Beginning with the 17-18 academic year, the FAFSA will no longer include the prior year’s parent and student federal tax information, but instead will use two year old tax information, or prior-prior year tax forms. In addition, instead of waiting until January 1, students may complete the FAFSA as early as October 1 for the following academic year.
These changes are being heralded as both ground-shifting and a virtual non-event. Which will it be for your high school?
Stonehill College has prepared these three short videos to provide an overview of the largest change to federal need analysis in decades as well as some thought provoking details for school counselors to consider as they plan for any effects on students, families and office operations.
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For additional information, you may wish to link to the following sites/articles: (Check back to this site for more tools as they become available.)
- 6 Things College Advisors Should Know About Early FAFSA
- 9 Ways College Advisors Can Make Early FAFSA Successful
- NACAC: The Advent of Prior-Prior Year Income in FAFSA Completion
- Federal Student Aid Chart
If you have questions, please contact Stonehill’s in-house financial aid expert, Eileen O’Leary, Assistant Vice President and Director of Student Financial Assistance, at firstname.lastname@example.org or 508-565-1088.