{"id":5976,"date":"2015-10-07T08:00:08","date_gmt":"2015-10-07T12:00:08","guid":{"rendered":"http:\/\/www.coreeducationllc.com\/blog2\/?p=5976"},"modified":"2015-10-22T09:02:14","modified_gmt":"2015-10-22T13:02:14","slug":"obamas-new-federal-financial-aid-rules-allow-earlier-applications","status":"publish","type":"post","link":"https:\/\/www.coreeducationllc.com\/blog2\/obamas-new-federal-financial-aid-rules-allow-earlier-applications\/","title":{"rendered":"Obama’s New Federal Financial Aid Rules Allow Earlier Applications"},"content":{"rendered":"

\"ed\"<\/a>President Obama and Education Secretary Arne Duncan recently rolled out a new plan to make the FAFSA (the federal tax form needed to apply for federal student aid for college) quicker, easier, and more accessible to more students. Following is a brief outline, from the White House website, of some of the major changes:<\/p>\n

Earlier, Easier Process for Federal Financial Aid:<\/em><\/strong> Beginning a year from now, on October 1, 2016, students can apply for financial aid a few months after they and their parents file their 2015 tax returns with reliable information retrieved electronically from the IRS, rather than waiting until the next year\u2019s tax season to finalize their FAFSAs and to learn about their financial aid. Giving students and families the ability to submit their FAFSAs earlier and to use earlier income data, commonly referred to as \u201cprior-prior\u201d year, will have several important benefits:<\/em><\/p>\n