Thursday, October 3, 2013

Student Financial Aid Change for 2013.

IRS Data Retrieval
The FAFSA filing process has changed, and it is recommended that all students use the IRS Data Retrieval tool to obtain their or their parents' federal tax return. Using this tool will eradicate common errors on FAFSA forms, and keep your application for student financial aid running smoothly. Tax information is available through the tool approximately 2-3 weeks after tax return submission, and by now all data should be in and finalized. Also keep in mind that Federal 1040 tax returns are no longer an acceptable form of verification for the FAFSA.

For more changes go to: http://www.investopedia.com/articles/personal-finance/081413/student-financial-aid-changes-fafsa-2013.asp

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