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1. Skip logic- The FAFSA is now finally ‘smart’. It takes answers you already provided and eliminates repetitive or unnecessary questions. Makes the process much quicker!
2. Better navigation- The FAFSA now knows where you left off. The application auto resumes when you log in. No more wasting time finding the section you were on!
3. Easy editing options- The FAFSA changes address editing information. In previous years, you were directed to a different page to make edits which had a completely different look and feel. Now the edit page looks like the rest of the FAFSA. Much more user friendly.
4. Advanced notifications- you can choose to set up automatic notifications from FAFSA. For example, you can get a reminder to update financial information after tax season.
5. IRS DataRetrieval Tool- Starting February 1st, you have the option of downloading your financial information directly from the IRS to your FAFSA application
Import information
to remember
FAFSA becomes available January 1, 2012 and is due March 1,
2012. Colleges set their own deadlines so make sure to check with each college.
FAFSA is based on income from the 2011 tax year. If possible, file your taxes prior to doing
the FAFSA so you have an accurate account of financial information. If not, you can estimate financial
information and correct it after filing taxes.
As always, the sooner you submit all the information the better!
For some grants, financial aid is awarded on a first-come,
first-served basis. Take advantage of
this and turn in the FAFSA as early as possible.
There are many resources out there about FAFSA and different
financial aid questions. Take a look at these for additional information!
For the FAFSA application: www.fafsa.ed.gov/index.htm
A great New York Times
blog that addresses financial aid is: http://thechoice.blogs.nytimes.com/
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