The 2017-2018 FAFSA is Now Available!

You might have heard that there have been some recent changes surrounding the Free Application for Federal Student Aid (FAFSA). Last September, President Obama announced a new initiative to simplify the way in which students and families apply for financial aid beginning with the 2017-2018 academic year. Under this initiative, commonly known as Prior-Prior Year (PPY), applicants will be asked to report income and tax information from two years prior (as opposed to one year prior). For instance, when completing the 2017-2018 FAFSA, 2015 income figures are required, rather than 2016. But, that’s not the only change. In addition to reporting income information from a completed tax year, the 2017-2018 FAFSA also became available three months earlier, on October 1, 2016, rather than January 1, 2017.

What does this mean for you? From beginning the financial aid application process sooner to no longer estimating income and tax figures, Prior-Prior Year has a number of benefits for you and your family. These exciting changes are sure to save you time when filing the FAFSA and make it much easier to complete. Be sure to check out our previous post to learn more about PPY and the benefits.

As the financial aid application process is officially underway for the 2017-2018 academic year, we want to share some helpful tips and reminders:

If you have questions about Prior-Prior Year (PPY) and the recent changes in the financial aid application process, don’t hesitate to contact us or comment below!

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