Recent changes to this important application for college financial help should help ease the process of filing it.
It’s the Free Application for Federal Student Aid, or FAFSA, which students must complete to be eligible for financial aid including Pell grants, the HOPE scholarship, and Tennessee Promise scholarship.
New this year: The FAFSA will be available on October 1 instead of January 1 for the upcoming school year, which runs from July 1, 2017, to June 30, 2018.
The second major change is that the required financial information from the Internal Revenue Service can be used from the prior year’s income tax return, so there’s more certainty. [Read more…]