September 6, 2016
FOR IMMEDIATE RELEASE
CONTACT: Donna Oracion, 575-624-7403
ENMU-ROSWELL NOTIFIES STUDENTS/PARENTS ABOUT FINANCIAL AID CHANGES FOR 2017/18
Students and parents should be aware of several significant changes for the 2017-18 Free Application for Federal Student Aid (FAFSA®) process. Starting with the 2017–18 application cycle, the following changes go into effect:
- Students will be able to submit a FAFSA® earlier. Students will be able to file a 2017–18 FAFSA as early as Oct. 1, 2016, rather than beginning on Jan. 1, 2017. The earlier submission date will be a permanent change, enabling students to complete and submit a FAFSA as early as October 1 every year. (There is NO CHANGE to the 2016–17 schedule. The FAFSA became available January 1 as in previous years.)
- Students will use earlier income information. Beginning with the 2017–18 FAFSA, students will be required to report income information from an earlier tax year. For example, on the 2017–18 FAFSA, students (and parents, as appropriate) will report their 2015 income information, rather than their 2016 income information.
These changes benefit students and parents, because the FAFSA will now ask for older income and tax information from tax forms already completed. This will eliminate the need to estimate tax information and returning to the FAFSA later to update it. Because the FAFSA is available earlier, students may also feel less pressure and have more time to explore and understand their financial aid options and apply for aid before state and school deadlines.
More information can be found online at StudentAid.gov/fafsa. The application can be completed at fafsa.gov Students and parents can also call the ENMU-Roswell Financial Aid Office at 575-624-7400.