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Extension > Local Extension Offices > Scott > County Personal Finance Educator > Articles > Changes to the 2017-2018 Free Application for Federal Student Aid (FAFSA®)

Changes to the 2017-2018 Free Application for Federal Student Aid (FAFSA®)

Shawna Faith Thompson, Financial Capability Educator and Sarah Louise Butler, Financial Empowerment Educator

SUBMIT A FAFSA EARLIER: Students will be able to submit a 2017–18 FAFSA as early as Oct. 1, 2016, rather than beginning on Jan. 1, 2017. The earlier submission date will be a permanent change, enabling students to complete and submit their FAFSAs as early as October 1 every year. (There is NO CHANGE to the 2016–17 schedule. The 2016–17 FAFSA became available Jan. 1, 2016.)

USE EARLIER INCOME AND TAX INFORMATION: Beginning with the 2017–18 FAFSA, students will be required to report income and tax information from an earlier tax year. For example, on the 2017–18 FAFSA, students (and parents, as appropriate) will report their 2015 income and tax information, rather than their 2016 income and tax information.

Here’s a summary of key dates for submitting the FAFSA based on when you plan to go to school:

IF YOU PLAN TO ATTEND COLLEGE FROMYOU WILL SUBMIT THIS FAFSAYOU CAN SUBMIT THE FAFSA FROMUSING INCOME AND TAX INFORMATION FROM
JULY 1, 2016 – JUNE 30, 20172016–17JANUARY 1, 2016 – JUNE 30, 20172015
JULY 1, 2017 – JUNE 30, 20182017–18OCTOBER 1, 2016 – JUNE 30, 20182015
JULY 1, 2018 – JUNE 30, 20192018–19OCTOBER 1, 2017 – JUNE 30, 20192016

Source

https://studentaid.ed.gov/sa/about/announcements/fafsa-changes


Related Resources

FAFSA® Changes for 2017–18U.S. Department of Education-Federal Student Aid — Latest information, FAQ’s and a printable Fact Sheet.

Contacts

Shawna Thompson
Extension Educator, Financial Capability
(952) 466-5317
shawnaft@umn.edu
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