Tag Archives: FAFSA

FAFSA Website Now Mobile-Friendly

iStock

A mobile-friendly version of the FAFSA website went live this week, the first step in a months-long process aimed at making it possible for students to apply for financial aid using their smartphones.

A beta version of a companion app — myStudentAid — is planned for next month, with the complete version available Oct. 1.

Continue reading FAFSA Website Now Mobile-Friendly

‘Verification Melt’ Keeps Students from College Dreams

A little over half of all students who were eligible for the Pell Grant were selected for verification in 2015-16.

The procedure, which requires students to submit additional paperwork to prove their income, inserts an extra step into the financial aid process. And in an op-ed published by The Hill this week, Justin Draeger—president and CEO of the National Association of Student Financial Aid Administrators—voiced concerns that verification keeps some students from attending college.

Continue reading ‘Verification Melt’ Keeps Students from College Dreams

Completing a Dependency Appeal for Financial Aid

iStock

Editor’s note: This post originally appeared on Admitted in November 2016. It’s being republished as part of NACAC’s Best of the Blog series.

You may be advising a student who lives with their grandmother or aunt, but was never legally adopted. In other instances, an older brother, sister, or family friend is raising a child but no official adoption took place.

For some families, this approach may have offered a way to handle conflicts and crises without involving the court system. However, complications can arise when it comes time to fill out the Free Application for Federal Student Aid (FAFSA).

Continue reading Completing a Dependency Appeal for Financial Aid

FAFSA Mobile App Will Launch This Spring

iStock

Students and parents will soon be able to use their smartphones to complete the Free Application for Federal Student Aid (FAFSA).

US Secretary of Education Betsy DeVos announced Tuesday that the mobile platform will roll out this spring as part of a larger effort to modernize the federal student aid system.

Continue reading FAFSA Mobile App Will Launch This Spring

Reminder: Keep an Eye on Financial Aid Deadlines

iStock

Need financial aid for the 2018-19 academic year?

The US Department of Education is reminding students to remain cognizant of deadlines when completing the FAFSA.

While the FAFSA is primarily used to award federal financial aid, many colleges, states, and scholarship programs also use the form to assess eligibility for their aid programs.

Continue reading Reminder: Keep an Eye on Financial Aid Deadlines

Expert Advice: Listing College Options on the FAFSA

iStock

Getting ready to help students fill out the FAFSA?

The Department of Education released a list this week highlighting the eight steps that need to be followed when filing for federal student aid. And included in the article is an important reminder: Students can — and should — list multiple colleges on their FAFSA.

Continue reading Expert Advice: Listing College Options on the FAFSA

FAFSA Update: Data Imported From DRT Will Be Masked

iStock

The IRS Data Retrieval Tool will be available to FAFSA filers this fall, but the tax information it imports will remain masked — even to students and parents.

According to a recent Federal Student Aid memo, the change will enhance security and privacy. But many financial aid professionals are worried the tool’s new constraints will discourage families and students from using it to import their tax information when applying for federal aid.

Continue reading FAFSA Update: Data Imported From DRT Will Be Masked

DRT Now Available for Income-Driven Repayment Plan Applicants

iStock

The IRS Data Retrieval Tool (DRT) is now available to student loan holders applying for an income-driven repayment plan, the Department of Education announced last week.

According to a press release, “new encryption protections” have been added to the tool. However, the DRT will remain out-of-service for FAFSA filers until Oct. 1.

Continue reading DRT Now Available for Income-Driven Repayment Plan Applicants

Lawmakers Examine Factors Behind Suspension of DRT

The Internal Revenue Service Data Retrieval Tool (IRS DRT) was suspended on March 3, with Federal Student Aid (FSA) and IRS citing security and privacy concerns. On  May 3,  the House Committee on Oversight and Government Reform held a hearing to get a better understanding of the problems that caused the tool to be taken out of service and the steps FSA and the IRS are taking to restore this critical tool.

James Runcie, the Chief Operating Officer of the office of Federal Student Aid (FSA), confirmed that the DRT will continue to be suspended for 2017-2018 FAFSA; it will return Oct. 1, 2017 for the 2018-2019 FAFSA. This solution, according to a memo from FSA, will “limit the information that displays to the applicant” to enhance security. Taxpayer information will be encrypted and hidden from view on both the IRS DRT page and the FASFA page. Continue reading Lawmakers Examine Factors Behind Suspension of DRT

New Flexibilities for FAFSA Filers Affected by DRT Outage

iStock
iStock

Institutions now have more options when it comes to verifying FAFSA information.

Last week, Secretary of Education Betsy DeVos announced that colleges and universities would be granted new flexibilities due to the extended outage of the IRS’s Data Retrieval Tool (DRT).

Continue reading New Flexibilities for FAFSA Filers Affected by DRT Outage