What's changing for 2017-2018?

Starting with the 2017-2018 Free Application for Federal for Federal Student Aid (FAFSA, these changes will be in effect:

  • You'll be able to submit your FAFSA earlier.  You can file your FAFSA as early as Oct. 1, rather than beginning on Jan. 1.  The earlier submission date will be a permanent change, enabling you to complete and submit a FAFSA as early as October 1 every year.
  • You'll use earlier income and tax information from an earlier tax year.  The following table provides a summary of key dates as we transition to using the early FAFSA submission timeframe and earlier tax information.

What is it?

The FAFSA form is the form that the federal government uses to determine your eligibility for federal aid including:

 FAFSA Submission Timeframe 

When a Student is Attending College (School Year)? When Can a Student Submit a FAFSA?    Which Year's Income and Tax Information is Required?
 July 1, 2016 - June 30, 2017  Jan. 1, 2016 - June 30, 2017  2015
 July 1, 2017 - June 30, 2018 Oct. 1, 2016 - June 30, 2018  2015
 July 1, 2018 - June 30, 2019  Oct. 1, 2017 - June 30, 2019  2016

How will the changes benefit me?

We expect that you'll benefit in these ways:

  •  Because the FAFSA will ask for older income and tax information, you will already have done your taxes by the time you fill out your FAFSA,      and you won’t need to estimate your tax information and then go back into the FAFSA later to update it.

  •  Because you’ll already have done your taxes by the time you fill out your FAFSA, you may be able to use the IRS Data Retrieval Tool (IRS DRT) to automatically import your tax information into your FAFSA. (Learn about the IRS DRT at StudentAid.gov/irsdrt.)

  •  Because the FAFSA is available earlier, you may feel less pressure due to having more time to explore and understand your financial aid options and apply for aid before your state’s and school’s deadlines.

Where can I get more information about - and help with - the FAFSA?

Visit StudentAid.gov/fafsa; and remember, as you fill out your FAFSA at fafsa.gov, you can refer to help text for every question and (during certain times of day) chat online with a customer service representative

How does it work?

Using your FAFSA, the federal processor determines your Expected Family Contribution (EFC). EFC - the amount of money your family can be expected to contribute to your college costs each year. Your school will then try to meet your needs through a financial aid award made up of funds from federal, state, school and private sources as well as loans, grants and student employment.

Completing the FAFSA  is the first step in the financial aid process. This can be done using one of the following methods:

It will take the federal government 1-2 weeks to process your form and send you a Student Aid Report (SAR) by mail. Your SAR will summarize the data you report on your application. Please check this information carefully to make sure it is accurate. Keep a copy of your SAR and note your Data Release Number (DRN) in the upper right corner of the first page; you will need your DRN if you decide to apply to additional schools. If your FAFSA information is complete, an Expected Family Contribution (EFC) will be printed next to your DRN. Your EFC will be based on the financial information you provide on the FAFSA, and your school will use it to award your financial aid.

Questions?

If you have questions about federal student aid, contact your financial aid administrator or call the Federal Student Aid Information Center at (800) 4-FED-AID (800 433-3243). TTY users may call (800) 730-8913.

FINANCIAL AID OFFICES

Auburn Hills Campus
2900 Featherstone Road
Room B-227
Auburn Hills, MI 48326-2845
Phone  (248) 341-2240

Orchard Ridge Campus
27055 Orchard Lake Road
Room M-207
Farmington Hills, MI 48334-4579
Phone  (248) 341-2240

Southfield Campus
22322 Rutland Drive
Room A-203
Southfield, MI 48075-4793
Phone  (248) 341-2240

Highland Lakes Campus
7350 Cooley Lake Road
Woodland Hall 260
Waterford, MI 48327-4187
Phone  (248) 341-2240

Royal Oak Campus
739 South Washington
Room  B-127
Royal Oak, MI 48067-3898
Phone  (248) 341-2240