FAFSA Changes! Parents – READ THIS!
Starting this fall, the Free Application for Federal Student Aid will be available earlier in the senior year (October 1 instead of January 1). But the bigger change is that it will ask about information from your family’s tax return from the year before the year before (“prior prior”) the student starts college. So if your student is currently a sophomore and will start college in 2018, THIS is the year (2016) that will be considered for the first year of financial aid.
Please read this great explanation from the Department of Education for more details: