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Professional judgment in ppy/eii world
Iasfaa 2017
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The day the world changed
October 1, 2016: FAFSA was available and started using early income information FAFSA will be using 2016 tax information
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Changes in income Special conditions? special circumstances?
What do you call it?
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timelines When is it available? Where is it available?
Turn around time for decision
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documentation What year are you looking at?
Additional documents besides verification documents?
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Other changes Children Marriage or divorce Retirement withdrawals
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Example: Bruce Single student 2015: AGI $40,000
May 2016: fired from job (Jan-may income $18,000) May 2016-current: working part-time making $200 per week- No other income How would you calculate?
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