The federal government’s notoriously complicated financial aid process may become simpler for students beginning this fall with a new rule allowing families to use tax information they have in hand from the “prior, prior” year’s returns. The hope is that the government’s FAFSA form will be easier to fill out on-line using existing tax data from the IRS. And students can apply for aid as early as October, allowing colleges to speed up financial aid offers.
But many are worried about what this change will bring in New York. Students may have to apply for financial aid at the same time they are applying for colleges, doubling the college application work that must be done in the fall. And New York State hasn’t moved to bring its financial aid process in line with the feds, potentially leaving students to face a dizzying array of conflicting aid application rules.
Please join us for a discussion of what the new financial aid rules will bring—and what else we can be doing to make the process easier on low-income families and first-generation college students.
Opening Remarks: Greg Darnieder, senior advisor to the secretary on the College Access Initiative, U.S. Department of Education
Greg will join in a panel discussion with: Kristen Harris, director of college readiness supports, NYC Department of Education Susan Mead, director of financial aid, Dutchess Community College, SUNY Allison Palmer, director, College Access Center, New Settlement Apartments Kevin Stump, northeast regional director, Young Invincibles