FYI – Bad News from FAFSA

On March 9, the Internal Revenue Service (IRS) and the U.S. Department of Education (DOE) issued a statement regarding the online feature allowing families and students to retrieve data electronically from their tax return into the FAFSA.  The Data Retrieval Tool (DRT) has been suspended. This was done due to concerns about the potential for misuse by identity thieves

The FAFSA is still available and can be completed.  Applicants will need to manually enter information from their tax return transcripts. 

The National Association of Student Financial Aid Administrators (NASFAA) issued a letter to the Secretary of Education, Betsy DeVos, and the Chief Operating Officer of Federal Student Aid, Jim Runcie, to encourage swift action for a resolution. The letter was supported by the National Association of College Admission Counseling (NACAC,) National College Access Network (NCAN,) and The Institute for College Access and Success (TICAS).

Again, students can and should still complete their FAFSA.  While inconvenient, it does not stop the application process. 

Stay tuned to www.nasfaa.org for more information as it become available. 

Sincerely,

Meghan Schmidbauer 

OACAC Government Relations Chair

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