FAFSA Changes for 2016/2017
Dear Mississippi State University Student
We want to make you aware of several upcoming changes to the financial aid application process and some actions you can take now to make the process smoother and easier for next year.
On September 13, 2015, President Obama signed an executive order that will allow families to complete the 2017-18 Free Application for Federal Student Aid (FAFSA) using income information from the 2015 federal tax return, the same income information that you and your parents (if dependent student) reported when filing the 2016-17 FAFSA.
Now that the 2015 federal tax return filing deadline has passed, it is time to update your 2016-17 FAFSA information with final 2015 income data. If you were selected for verification for 2016-17 year and already turned in your and your parents 2015 tax transcripts to our office no further action is required. If your FAFSA was not selected for verification we strongly encourage you and your parents (if dependent student) to use the IRS Data Retrieval Tool (DRT) to update your 2016-17 FAFSA income information. If you and your parents (if dependent student) did use the DRT then no further action is required.
In order to avoid any discrepancies between the 2016-17 and 2017-18 academic years and a possible reduction in your financial aid, we highly recommend that you ensure the income information on your FAFSA is correct.
If you need help with using the IRS DRT, here is a helpful video tutorial that clearly explains the process. Or as always, stop by or contact the financial aid office here at Mississippi State University with any questions. Also, for more information about the 2017-18 FAFSA check out this short video.
Thank you for updating your 2016-17 FAFSA information and don't forget to file your 2017-18 FAFSA beginning October 1 and use the DRT!
The Financial Aid Office
Mississippi State University