University of Idaho Early FAFSA Questions
Early FAFSA is an initiative by the Obama administration that will allow students to apply for financial aid earlier in the college application process. This change will give students and their family more time to make important financial decisions for college.
The FAFSA will be available October 1, 2016 and will remain open until June 30, 2018. This new cycle allows students an additional three months to apply for aid.
This is a permanent change for future years.
The University of Idaho has moved the priority application date to December 1. New students who complete the application for admission (including supporting documentation) and submit the FAFSA will receive early scholarship and financial aid award notices, as well as maximum consideration for financial aid. Continuing students should file their FAFSA by this date.
Incoming students will begin receiving award offers by January 1.
Continuing students will begin receiving award offers by mid-March.
Scholarships, grants, and loans will still be available for students who miss the December 1 priority date.
Benefits include the following:
Alignment - The financial aid application process will better align with the college application process.
Certainty - Students (and their families, if applicable) will no longer submit estimated income information, leading to more accurate initial award offers.
Less pressure - There will be more time for students and families to explore financial aid options and apply for aid before state deadlines and school decision dates.
No. Beginning with the 2017–18 FAFSA, students and their family will be required to report income information from an earlier tax year. For example, on the 2017–18 FAFSA tax filers will report their 2015 income information rather than their 2016 income information.
Here’s a summary of key dates for submitting the FAFSA depending on when the student plans to attend school:
|If you plan to submit the FAFSA from||You will submit this FAFSA
||You can submit the FAFSA from
||Using income and tax information from
|July 1, 2016 – June 30, 2017
||January 1, 2016 –
June 30, 2017
|July 1, 2017 – June 30, 2018
||October 1, 2016 –
June 30, 2018
|July 1, 2018 – June 30, 2019
||October 1, 2017 –
June 30, 2019
You must report the tax information the FAFSA asks for. If your family’s income has changed substantially since the 2015 tax year, talk to the financial aid office at the University of Idaho about your situation.
In order to receive a PLUS loan, parents and graduate students will need to complete a credit check at https://studentloans.gov after the loan is accepted on Vandal Web. While award offers will be mailed to fall 2017 incoming students by January 1, the government website will not be updated to allow applications for 2017-2018 until late March. University of Idaho will notify borrowers once the new award year has been activated.
The award guide has always been available prior to sending out award offers to incoming students. This guide provides information regarding the various types of aid, required progress standards students must meet to continue receiving aid, and Student Financial Aid Services policies. The 2017-18 award guide will be available for download by mid-December to ensure our students and their family continue to have access to this helpful resource while making borrowing decisions.