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The problem involves tax data transferred from the Internal Revenue Service and impacts ... Problems with this year’s FAFSA. ... The Pell grant is worth up to $7,395 for the 2024-25 school year.
BestColleges outlines the problems with the rollout of the 2024-2025 FAFSA and updates on how they are getting solved. ... ED kept its promise of launching the 2024-25 FAFSA by the end of 2023 ...
In past years, the IRS Data Retrieval Tool helped filers pull information from their tax return into the FAFSA, but the new process will be automatic and available to everyone, said Jill Desjean ...
Two-year old US tax information is used to complete the financial sections of the FAFSA beginning with the 2017–2018 academic year. This change in using "prior-prior tax year" information enables families to use the IRS Data Retrieval Tool in the FAFSA to verify their tax information without a delay from the IRS processing tax information. [7]
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The college admissions process is usually stressful, but problems with a new FAFSA form have made this year even more chaotic. Here are the stories of three students and how the FAFSA problems are ...
The problem emerged after a congressional mandate in 2020 to simplify the FAFSA form. The department estimates that with the new fix, students will have access to an additional $1.8 billion in ...
Colleges won’t start receiving students’ financial aid data from the Free Application for Federal Student Aid, known as the FAFSA, until the first half of March – more than a month later ...