Facts of the Month

There is a new financial aid myth out there!

We have had parents say they are going to wait until after January 1 so they can use 2016 tax information because they think it will put them in a better light financially. ALL FAFSA filers must use 2015 tax information! Subsequently they can ask each college’s financial aid director to make a “professional judgment” and use 2016 tax information instead, but that will be at the sole discretion of each individual financial aid director.

Publication Date: October 2016