Event Calendar
Prev MonthPrev Month Next MonthNext Month
Tax Training – Part 1: What Hath the FADDX and FAFSA Simplification Wrought?
Thursday, October 26, 2023, 10:00 AM - 12:00 PM EDT
Category: Events

- Event Title: Tax Training – Part 1: What Hath the FADDX and FAFSA Simplification Wrought?

- Date/Time: 10/26/2023 10am-12pm

- Zoom registration link: https://us02web.zoom.us/webinar/register/WN_fWICgV7GSoq2BF8k8aZw2Q

- Description:

The changes implemented with the 2024-2025 financial aid processing cycle are of a different scope than changes in prior years. The impact of the direct transfer of tax data from the IRS to the FAFSA cannot be understated. In this webinar, we will look at how IRS owned data in the FAFSA, referred to as Federal Tax Information (FTI), must be handled, and the limited ways institutions can use it. We will also look at some of the other major changes, including changes in the definitions of some of the tax data collected by the FAFSA, the new Maximum and Minimum Pell Grant eligibility criteria, and the new required professional judgment review for applicants who appear eligible for Maximum Pell but also have reported a foreign earned income exclusion.