The Department of Education has always advised caution when working with third-parties on FAFSA completion, and is urging additional vigilance going forward given the unavailability of the IRS Data Retrieval Tool (DRT).
Representatives from the IRS and the Office of Federal Student Aid suspended the service in March out of concern that it could be misused by identity thieves. The tool, which many students use when applying for federal aid, is not expected to be restored until fall 2017.
There are reports that some students and families have been scammed by individuals seeking to take advantage of this situation by charging families for help filing the FAFSA and/or stealing the families’ personal information for illicit use.
A new study confirms what many admission professionals already know —students are cost-conscious when selecting a college.
Nearly 19 percent of students who turned down the chance to attend their top-choice school in 2016 did so because of the cost of attendance, according to new data from Royall & Company, a firm that assists colleges with enrollment management and fundraising.
“I think enrollment leaders and the public in general have had a suspicion that cost factors were driving a lot of enrollment decisions,” Royall’s Managing Director Peter Farrell told Inside Higher Ed. “This verifies it in an empirical way.”
The IRS Data Retrieval Tool that many students use to complete their FAFSA is currently unavailable, and officials estimate it will be several weeks before it is back up and running.
Representatives from the IRS and the Office of Federal Student Aid said Thursday that they decided to suspend the service out of concern that it could be misused by identity thieves.
Although FAFSA applicants still have the option to enter income information manually, college access advocates are concerned that students and families who can’t access the tool will face more complications in their quest to access federal student aid.
The IRS Data Retrieval Tool, introduced in the 2010-11 school year, helps speed up the application process and reduces the potential that a student’s FAFSA will be flagged for verification — a process that can delay the awarding of financial aid packages.
Coalition building and collaboration at the federal level may help lead the charge for equity-centered admission and higher education policies.
That assessment was shared last month by panelists and attendees at a Washington, DC, event marking the release of a new white paper examining racial equity and barriers to postsecondary education for minority students.
The paper was released by the Young Invincibles, a bipartisan nonprofit focused on the needs of young people ages 18-34. Through policy research and analysis, the organization advocates for a broad range of policy priorities, including access to postsecondary education — a crucial element for this age group.
Educators, advocates, Hill staffers, and students gathered in Washington, DC, earlier this month to learn more about efforts by the National College Access Network (NCAN) to simplify the Federal Application for Free Student Aid (FAFSA).
For example, on one track, once a student has confirmed that their family earns a means-tested benefit such as SNAP (food assistance) or TANF (cash assistance), they are automatically sent to the signature portion of the form.
Looking for ways to boost FAFSA completion rates in your school district?
Erin Bibo, deputy chief of college & career programs with DC Public Schools, shared success strategies in a recent column published by Homeroom — the official blog of the US Department of Education.
“Financial aid plays a huge factor in students’ college-going decisions and success,” Bibo wrote. “For a large urban district like DC Public Schools, where 77 percent of our students qualify for free and reduced price lunch, getting graduating seniors to complete their FAFSAs on time isn’t an optional task, it’s a necessary one.”
The searchable database provides weekly updates for every high school where five or more students have filed a FAFSA. The form is completed annually by current and prospective college students to determine their eligibility for financial assistance.
A group of 30 selective colleges has launched a new alliance aimed at expanding access to postsecondary education.
The American Talent Initiative (ATI) — whose founding members include several Ivy League and public flagship universities — seeks to bring a total of 50,000 low- and moderate-income students to universities with graduation rates of least 70 percent by 2025.