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CollegeBound Blog

New FAFSA and CSS Profile timing with “Prior-Prior”

Blog, Financial Aid, General, Information, Parents, Students
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Filing for financial aid can seem intimidating and difficult as families usually must estimate their income because forms are often due before taxes have been filed. But all of this will change for students filing in the 2017-18 school year. Both the federal government [FAFSA] and CollegeBoard [CSS Profile] will be set up for parents to use the IRS retrieval tool pulling information in from 2-years ago. This process is known as “prior-prior-year” or PPY. The new FAFSA will open up October 1, 2016 making it possible for some colleges to get financial information out earlier. [read more]

About Jane Manley