OCTOBER 3, 2017
Internal Revenue Service Data Retrieval Tool (IRS DRT) is Available!
The financial aid filing season officially began at 1 a.m. ET on Sunday, Oct. 1 with the launch of the 2018‒19 FAFSA® at fafsa.gov. Nearly 238,000 online applications were submitted the first day, representing an eight percent increase compared to one year ago.
Most students and parents are eligible to use the IRS DRT to electronically transfer their 2016 tax return information. The tool returned Oct. 1 for the 2018‒19 FAFSA with extra security and privacy protections to safeguard sensitive taxpayer data.
Each year, more than 20 million FAFSAs are submitted, resulting in more than $120 billion in federal grants, loans and work-study funds to help pay for college or career school. Read more…