There has been a significant change to income and tax information that students should be aware of when they complete either their 2016-2017 or 2017-2018 FAFSA applications. The FAFSA now collects income one year earlier than was previously collected which means that student no longer need to estimate income and tax data.
As we transition to this new federal methodology, for one year only both the 2016-2017 and 2017-2018 FAFSA will collect and use 2015 income and tax data. With this change, income and tax data needs to be accurate and consistent between both the 20126-2017 and 2017-2018 FAFSA applications.
To avoid conflicting information or discrepancies in income, between both FAFSA application award years, it is strongly recommended that students use the IRS Data Retrieval Tool (DRT). This process allows users to link to the IRS website and securely transfer tax information to their FAFSA application.
In order to be considered for financial aid, students must complete the Free Application for Federal Student Aid available at www.fafsa.ed.gov.
Note: The College's six-digit federal school code is 032343.