By Marlene Seeklander More students completed the 2026-27 FAFSA as of late December – at a rate more than double the previous year, according to the Department of Education. In a recent press release, the Department announced that more than 5 million 2026-27 FAFSA forms have been successfully submitted by students and families, an increase of […]
Historic milestone reached in FAFSA completions Read More »
By Marlene Seeklander At first the request seems like a paradox – you didn’t file a tax return, and the college financial aid office is asking you to prove something you didn’t do. While it may seem unusual to prove that you didn’t file a tax return, you may need to do just that and depending
Five steps to obtain proof of federal tax return non-filing Read More »
By Catherine Mueller Sure, sometimes high school students don’t want to invite their parents to something, but in the case of the FAFSA, most students need to invite their parents. Students completing the 2026-27 FAFSA (if they are determined to be dependent students) are asked to invite their parent or parents to contribute to the FAFSA. Students only need to
Contributing to a student’s FAFSA when the invite isn’t received Read More »
By Catherine Mueller Just when you think you have completed all the financial aid applications, your college financial aid office notifies you they need an IRS tax transcript. The request is part of the verification process – something that any postsecondary institution offering federal financial aid must do. College and university financial aid offices are
Why your college may ask for a tax transcript and how to get one Read More »
By Catherine Mueller While several steps have been taken to simplify the FAFSA, students and parents often still have questions about calculating the value of assets. To help students and parents understand and be prepared to answer the asset questions, here are some things to know: To determine the value of an investment, the student or
Things to know when calculating assets for the 2026-27 FAFSA Read More »
By Marlene Seeklander Students completing the FAFSA now have additional information when deciding which college they may want to attend. In a December 8 Electronic Announcement, the Department of Education announced the implementation of a new lower earnings indicator as part of the FAFSA. This indicator—effective December 7, 2025, and only applicable to first-year undergraduate students—provides
Students completing the FAFSA to be notified about colleges with lower earnings Read More »
By Marlene Seeklander FAFSA users who previously encountered an issue when attempting to report their address within the U.S. territories, including Puerto Rico, should no longer encounter an issue. In a December 4 Electronic Announcement, the Department of Education announced that on December 7 an update to adjust some users’ state and country code information was
By Marlene Seeklander Financial aid professionals can now plan for the upcoming FAFSA verification season with the latest guidance from the Department of Education. In a November 26 Dear Colleague Letter, the Department of Education details the changes in verification for 2026-27 and provides suggested text for schools to use in requesting additional documentation from students.
2026-2027 FAFSA information to be verified and acceptable documentation Read More »
By Marlene Seeklander Colleges and state agencies which receive student FAFSA data can now better prepare for the 2026-27 academic year with some updated test records. In a recent update to an earlier Electronic Announcement, the Department of Education announced that it has published an additional set of system-generated 2026-27 ISIRs. These ISIRs include updates to
Department provides new student data test files with Budget Reconciliation changes Read More »
By Catherine Mueller The FAFSA Submission Summary may be the unsung hero of the financial aid process. The FAFSA Submission Summary doesn’t get as much attention as the FAFSA application or as the financial aid offer, but it’s an important part of the process and may help a student find a college that’s a good financial
The importance of a FAFSA Submission Summary Read More »
