The IRS website has been updated, now you can get various Form 1040-series transcript types online or by mail. If you need your prior year Adjusted Gross Income (AGI) to e-file, choose the tax return transcript type when making your request. If you only need to find out how much you owe or verify payments you made within the last 18 months, you can view your tax account.
You could do that by visiting IRS.gov
————Click on the box Get My Tax Record
Option 1: If you would like to retrieve it instantly online, pleasure make sure you have the necessary personal information/records. Login using your IRS Online ID, or Sign Up if you don’t have one.
Financial Aid Newsletter – GREENBACK_JUNE_17_FINAL
Check out the latest issue of Greenback, our Financial Aid newsletter. This issue: Financial Aid Verification Just Became Easier, Free Financial Coaching, Ineligible Classes, Cash Contest updates, and more. This newsletter is designed to help students and staff members stay up-to-date on the latest and greatest in the world of financial aid.
Financial Aid Newsletter – Greenback_DEC-16_FINAL
Check out the latest issue of The Financial Aid Greenback, our quarterly Financial Aid newsletter. This issue: Manage your educational borrowing, FAFSA Filing Update, Scholarship information, Essay Tips, and more. This newsletter is designed to help students and staff members stay up-to-date on the latest and greatest in the world of financial aid.
You can file your FAFSA for next fall NOW…no need to wait to begin your financial aid application process!! You can file now using your 2015 tax information again. The online FAFSA at fafsa.gov will guide you through the application; click on the “Start A New FAFSA” button on the home page, and follow the directions on the screen. Below are tips to help you along the way:
- Submit a 2017-2018 FAFSA now, 3 months earlier than usual. The new start date is October 1, 2016 (rather than January 1, 2017). The earlier filing date is a permanent change, thus allowing students to complete and submit a FAFSA as early as October 1 each year.
- The 2017–18 FAFSA, will use 2015 tax information again. The use of one-year older tax information is another change. For one time only, the same tax information is used for two years, 2016-2017 and 2017-2018, if income earners are the same.
- The FAFSA asks for information about you (your name, date of birth, address, etc.) and about your financial situation. You may be eligible to have your tax information imported automatically from the IRS into your FAFSA. Doing so for both years will help prevent conflicting information and lessen the chances of your having to provide income figures through the verification process.
If you have any questions, please feel free to contact the Financial Aid Support Center at: https://mysupport.nvcc.edu or call us at: 1-855-323-3199.
The Department of Education implemented changes to make the FAFSA application process easier and more efficient, thus allowing for earlier availability of important financial eligibility information.
TWO IMPORTANT CHANGES GO INTO EFFECT WITH THE 2017-2018 FAFSA:
- Submit a FAFSA earlier: Students will be able to file a 2017-18 FAFSA beginning October 1, 2016 (rather than beginning on January 1, 2017). The earlier filing date will be a permanent change, thus allowing students to complete and submit a FAFSA as early as October 1 every year.
- Use earlier income information: Beginning with the 2017-18 FAFSA, students will report income information from an earlier tax year. For example, on the 2017-18 FAFSA, students (and parents, as appropriate) will report their 2015 income information (rather than their 2016 income information).
The following table provides a summary of key dates as we transition to using the early FAFSA submission timeframe and earlier tax information.
For more information on Early FAFSA filing, visit: nvcc.edu/financialaid
Financial Aid Newsletter – GREENBACK_August 2016
Check out the latest issue of The Financial Aid GREENBACK, our quarterly Financial Aid newsletter. This issue: Financial Aid Course Audit (FACA) – Steps to get and stay ahead, 2017-2018 FAFSA filing Changes, CashContest coming soon, Partner with NOVA and protect your identity, and more. This newsletter is designed to help students and staff members stay up-to-date on the latest and greatest in the world of financial aid.
Navigating the FAFSA:
Federal Student Aid published a new video to their YouTube channel: https://www.youtube.com/watch?v=QdaGZASwjZU
This 6 minute video contains helpful information for parents of Free Application for Federal Student Aid (FAFSA) applicants. It helps parents navigate the FAFSA process: from logging in, to filling out and to signing their child’s FAFSA using their FSA ID.
Creating an FSA ID:
For information on creating an FSA ID, FSA has a video with detailed instructions on how to create an FSA ID: https://www.youtube.com/watch?v=lLi0q7hkFns
Please review these videos and share them with students and parents on campus, at high school night or SDV presentations, in your offices and anywhere else it could be seen.
Reprinted from Dept. of Education at: https://studentaid.ed.gov/sa/about/announcements/fafsa-changes
On Sept. 14, 2015, President Obama announced significant changes to the Free Application for Federal Student Aid (FAFSA®) process that will impact millions of students. Starting next year, students will be able to do the following:
- Submit a FAFSA® Earlier: Students will be able to file a 2017–18 FAFSA as early as Oct. 1, 2016, rather than beginning on Jan. 1, 2017. The earlier submission date will be a permanent change, enabling students to complete and submit a FAFSA as early as October 1 every year. (There is NO CHANGE to the 2016–17 schedule, when the FAFSA will become available January 1 as in previous years.)
- Use Earlier Income Information: Beginning with the 2017–18 FAFSA, students will report income information from an earlier tax year. For example, on the 2017–18 FAFSA, students (and parents, as appropriate) will report their 2015 income information, rather than their 2016 income information.
If you’d like more details about the upcoming changes, you may read the following informational pieces from the U.S. Department of Education.
To further assist you in your outreach, particularly with the 2016–17 FAFSA application, we have attached a number of FSA ID resources for your use:
FSA ID website: https://fsaid.ed.gov
FSA ID Q&A: https://fsaid.ed.gov/npas/pub/faq.htm
The first step to applying for federal student aid is completing the Free Application for Federal Student Aid (or the FAFSA®). Before you fill out your FAFSA watch this video to learn how to create an FSA ID―a username and password― that replaced the Federal Student Aid PIN.
You will need an FSA ID to electronically sign and submit your FAFSA, as well as to make any needed corrections later. And if you are a dependent student, your parent will need his or her own FSA ID, too.
Do not allow someone to create your FSA ID for you, and you should not create one for someone else. Not even for a family member. This can cause problems with your financial aid down the road.
Check out this video for helpful information about creating an FSA ID and filling out the FAFSA, and for more resources, visit http://StudentAid.gov/fsaid.