2023年5月12日 · The FAFSA Simplification Act permits institutions, and state higher education agencies administering institutional and state-based financial aid, to use FAFSA information, including FTI, for the application, award, and administration of financial aid to the applicant.

There are circumstances when an applicant’s FTI does not accurately represent the applicant’s financial situation, including cases where an individual’s marital status has changed since filing taxes two years prior. In these circumstances, the applicant and/or one of their FAFSA contributors may need to enter data on the FAFSA form manually.

2023年12月1日 · Federal Student Aid (FSA) on Thursday at its 2023 virtual training conference outlined new provisions of federal tax information (FTI) and FAFSA data use under the FUTURE Act and FAFSA Simplification Act, answering key questions from financial aid offices.

2021年3月28日 · The easiest, fastest, and most accurate way to complete a FAFSA form is using the online application and providing consent and approval for the access, disclosure, and use of federal tax information (FTI). The online FAFSA form provides robust instructions and help in completing the form.

2023年6月29日 · The IRS standards for protecting FTI required the Department to create a new system called the FTI Module (FTIM). The Central Processing System (CPS) will become the FAFSA Processing System (FPS). The FPS will send the FAFSA data to the FTIM , which will calculate the Student Aid Index or SAI (another new thing for 2024-25) and send it back to ...

2023年8月7日 · Federal Tax Information (FTI): is the data and information related to federal tax paying. It includes a return or return information received directly from the IRS or obtained through an authorized secondary source such as the U.S. Department of …

2025年2月13日 · On Tuesday the Department of Education (ED) appended its May 12, 2023 Electronic Announcement (EA) to expand upon its previous definition of what is considered Federal Tax Information (FTI) on the Institutional Student Information Record (ISIR) to include some intermediate and derived values previously not considered FTI.

FAFSA contributors must give the U.S. Department of Education consent to retrieve federal tax information (FTI) from the Internal Revenue Service to determine financial aid eligibility. FTI consists of federal tax returns and return information filed with the IRS.

One of the biggest changes with the 2024-2025 FAFSA is how Federal Tax Information (FTI) is gathered during the application process. FTI is any tax return or return information received from the Internal Revenue Service and is important for determining income, eligibility, income-driven repayment plan options, and more through the FAFSA process.

FAFSA Partner Portal is the platform for accessing federal student aid resources, policy guidance, and tools.