Prior-prior year and FAFSA simplification

A simplified, accelerated process for students

EAB's quick take

In 2016 the Department of Education enacted two key changes to the FAFSA process, namely the use of prior-prior year income data and an earlier launch date. Institutions should expect to award aid sooner, negotiate more packages, and experience more volatility in application volume and yield following the transition.

Institutions can best prepare for these changes by realigning internal timelines for setting tuition and awarding aid, re-evaluating recruitment strategies, and planning for shifting administrative burdens in admissions.

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Key changes to FAFSA process for students and families

Key Changes to FAFSA Process for Students and Families

Institutions face uncertainty in enrollment management and finance

Institutions will feel most effects in the first year or two of the transition to the new FAFSA process. Institutions’ enrollment management teams should begin preparing themselves for increased financial aid application volume and a compressed timeline for awarding packages.

Report: How FAFSA changes influence student behavior

Enrollment Managers and Admissions Offices Adjust Timelines and Strategy

Enrollment Managers and Admissions Offices Adjust Timelines and Strategy

External Funding for Student Aid Potentially Affected

External Funding for Student Aid Potentially Affected

Admissions Staff Face New Administrative Responsibilities

Admissions Staff Face New Administrative Responsibilities



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