DRT Suspended Until Fall 2017

UPDATE:  Please read our 6/8/17 blog for DRT UPDATES concerning student loan borrowers. As an update to our prior article, “Filing FAFSA Options While DRT is Down”, we wanted to keep families aware of the update on the Data Retrieval Tool (DRT).  The Department of Education (DOE) and the IRS have decided that the DRT…

DRT is suspended by IRS

  Recent Update – Click – DRT Suspended till Fall 2017   The Department of Education made an announcement that the Data Retrieval Tool or DRT is suspended by the IRS due to possible identity theft concerns.  It will remain unavailable for several weeks.  The DRT tool is used to link your FAFSA and IRS information. …

FAFSA and DRT Process

The FAFSA is available on October 1st for the first time starting in 2016. How the FAFSA and DRT will work together will be different than it has been in the past.  The new change in the FAFSA process is often called Prior Prior or Early FAFSA.  This FAFSA timing change will significantly affect the…

10 Unique Reasons to Complete the FAFSA

Qualifying for financial aid is a question that is often asked when applying for college.  Here are 10 unique reasons to complete the FAFSA even if you do not think you will qualify for financial aid.  I personally believe that every family should submit the FAFSA. Over the years when talking to different families, they have…

Linking the FAFSA and the DRT

During the FAFSA process, families will hear the term DRT or Data Retrieval Tool.  The DRT is an important step in the financial aid process.  This is the step in the financial aid process that links the FAFSA with the IRS tax return.  If a family skips the DRT step, it may cause additional work…

FAFSA Deadline

A common question we are asked at our presentations is:  “When is the FAFSA deadline”.  The answer to that question will depend on the admission status of the student, the state that you reside, and which colleges you are applying to or are attending.  It is our recommendation that every family and student should submit…

FAFSA Answer Key

Complete the FAFSA

EFC PLUS will be helping families with their FAFSA submission with a Complete the FAFSA webinar on January 9th and January 27th.  The FAFSA electronic form is available on January 1st for the upcoming college school year of 2016-2017 Please join Fred Amrein, as he reviews the 4 quadrants of the EFC number and timing of…

FAFSA Submission

Get Organized       The FAFSA or Free Application for Federal Student Aid is the form families need to complete in order to qualify for federal financial aid and many state aid programs.  Getting organized makes the process go more smoothly.  The FAFSA electronic form is available on October 1st for the upcoming college school year…