What’s New for the 2017–18 FAFSA? Basics for Parents and

What’s New for the 2017–18 FAFSA? Basics for Parents and College Students [Fill in date here] [Fill in your name, title, location of presentation, any other relevant info]

Topics What’s Changing Benefits to Students FAQs About Timing & Reporting Information Getting FAFSA Info & Help

What’s Changing for 2017–18 Change #1: Earlier FAFSA Launch 2017–18 FAFSA available Oct. 1, 2016, at fafsa.gov Change to October 1 launch will be permanent Change #2: Earlier Income Info Required 2015 tax/income information required (Normally would have been 2016)

What’s Changing for 2017–18

Benefits to Students Benefit #1: Alignment – Many college admissions application deadlines occur in the fall – Financial aid application done at same time less confusion Benefit #2: Certainty – No need to estimate tax info – IRS Data Retrieval Tool available immediately – Expected Family Contribution known earlier (helps with assessing net costs) Benefit #3: Less Pressure – More time before (most) state and school deadlines – More time to compare schools before College Signing Day

FAQs About Timing & Reporting Info Will deadlines be earlier? Most state and school deadlines won’t change Note: several states will change from “as soon as possible after January 1” to “as soon as possible after October 1” (for their first-come, first-served state aid) State deadlines: fafsa.gov School deadlines: see schools’ websites

FAQs About Timing & Reporting Info Will 2016–17 FAFSA info be carried over to Renewal FAFSA? No; too much could have changed IRS Data Retrieval Tool: easily import your tax data to keep process quick

FAQs About Timing & Reporting Info Can a student choose to report 2016 information? No; you do not have a choice of which year to report Must report info re the year the FAFSA asks for Talk to college if big change in financial circumstances Remember: Certain items on FAFSA are “as of today,” so you must read each question and

FAQs About Timing & Reporting Info Will students receive aid offers earlier if they apply earlier? Not necessarily; some schools will make offers earlier; others won’t collegescorecard.ed.gov allows for cost comparison of schools based on averages Remember: early aid offers will likely be estimates (Pell maximum not announced until early 2017)

Getting FAFSA Info & Help StudentAid.gov

Getting FAFSA Info & Help FAFSA info section: StudentAid.gov/fafsa

Getting FAFSA Info & Help Fact sheets, videos, graphics, etc.: StudentAid.gov/resources#fafsa

Getting FAFSA Info & Help Changes for 2017–18: StudentAid.gov/fafsa-changes

Getting FAFSA Info & Help Social Media Twitter.com/FAFSA Facebook.com/ FederalStudentAid YouTube.com/ FederalStudentAid Federal Student Aid’s YouTube Page

Getting FAFSA Info and Help Where to Get Help fafsa.gov (help screens; online chat) 1-800-4-FED-AID [email protected]

Questions?