Yesterday, NASFAA submitted comments to the Department of Education suggesting ways to improve the FAFSA filing process for the 2016-17 award year. The comments focus specifically on ways to enhance the Internal Revenue Service Data Retrieval Tool (IRS-DRT), which will facilitate the use of prior-prior year income information for the upcoming 2017-18 award year.
NASFAA encouraged the Department to collaborate further with the IRS to:
We also pointed out that one week of lead time to publish the FAFSA Demo Site is insufficient, asked ED to provide PPY information for students and families via www.studentaid.gov, and requested for the second year an overhaul of the Student Aid Report.
Publication Date: 10/14/2015