In the past month, EFC PLUS has issued two financial aid alerts regarding the FAFSA and DRT. We had recommended that you submit your FAFSA manually. I wanted to clarify this statement. A manual submission is to submit the FAFSA electronically without using the DRT link process, at this time. You are able to submit…
On one of the Financial Aid Bulletin Boards that I read, another FAFSA DRT bug has been reported. It appears if the DRT system is used to bring in the student’s tax information into the FAFSA, some student fields are being populated with Parent tax information such as the tax filing status. There are other…
As October 1 approaches, the stress of the FAFSA submission grows. This is our second year with dealing with Prior Prior but we must face it with a new way of using the DRT system or the Data Retrieval Tool. In 2016, the DRT system was suspended due to personal identity problems. For the 2018-19…
The IRS and the Department of Education have announced their initial solution to the Data Retrieval Tool process for the FAFSA. It will be available for the FAFSA submission year starting on October 1, 2017. The October 1, 2017 is the start of the FAFSA school year for 2018 – 2019. In early 2017, the…
On June 2, the Department of Education restored partial access to the Data Retrieval Tool or DRT for student loan borrowers. The IRS had suspended the DRT in March, 2017 due to cyber security issues. This means that borrowers can now automatically transfer their tax return data into applications for any income-driven programs. This also…
This is just an update to EFC PLUS March 10th blog concerning the suspension of the Data Retrieval Tool or DRT. In case you are unaware of what is going on with the DRT, the Department of Education made an announcement that the IRS suspended the DRT due to possible identity theft. As of…
