College Admissions Expert Elizabeth Levine: Tax Returns and Financial Aid


Make text smaller Make text larger



Photos



  • Elizabeth Levine



What is the importance of my 2015 tax returns as far as financial aid is concerned?

Families with high school juniors or high school seniors who are contemplating applying for financial aid need to have their 2015 tax information in order. 2015 will be the only year that will be the base year for two consecutive years of financial aid disbursement. Seniors applying to college for the fall 2016 entering class will be providing tax information from the 2015 calendar year for both their freshman year financial aid award (PY) and their sophomore year (PPY). This is because the FAFSA will become available October 1, 2016 (vs. 1/1/17) for the 2017/2018 academic year. With 2015 coming to a close, I wanted to make you aware of what an unusual tax year this is and how large an effect it will have on financial aid awards for the next two years.

If you have any questions about the college admissions process or the above information please do not hesitate to contact me at info@signaturecollegecounseling.com or by phone, 845.551.6946.

Elizabeth Levine
Signature College Counseling is an Orange County, Hudson Valley based company
that works one on one with students and their families in navigating the admissions process so you attend the college that is right for you.
845.551.6946
Ask The College Admissions Expert a Question
www.signaturecollegecounseling.com

Make text smaller Make text larger

More From The Ask The Expert

  • Firearms Safety Expert Jimmy Cosenza: Ammunition
  • Quickbooks Expert Rochelle Dejong: Outsourcing your Accounting
  • College Admissions Expert Elizabeth Levine: Getting a Jump on the College Search
  • Firearms Safety Expert Jimmy Cosenza: Preparing Firearms
  • Quickbooks Expert Rochelle Dejong: Benefits
  • College Admissions Expert Elizabeth Levine: College Essay Writing
  • Quickbooks Expert Rochelle Dejong: Working in Office
  • College Admissions Expert Elizabeth Levine: Net Price Calculator
  • Quickbooks Expert Rochelle Dejong: Software
  • College Admissions Expert Elizabeth Levine: Evaluation in the College Admission Process
  • Quickbooks Expert Rochelle Dejong: Outsourcing
  • College Admissions Expert Elizabeth Levine: Demonstrated Interest
  • Quickbooks Expert Rochelle Dejong: Income Tax Preparation
  • College Admissions Expert Elizabeth Levine: Tax Returns and Financial Aid
  • Quickbooks Expert Rochelle Dejong: Outsourcing your Accounting
  • College Admissions Expert Elizabeth Levine: Paying Back Student Loan Debt
  • College Admissions Expert Elizabeth Levine: FAFSA Mistakes
  • College Admissions Expert Elizabeth Levine: FAFSA
  • College Admissions Expert Elizabeth Levine: ACT vs. SAT
  • College Admissions Expert Elizabeth Levine: SAT Scores vs. ACT Scores
  • College Admissions Expert Elizabeth Levine: Preparing for College Visits
  • College Admissions Expert Elizabeth Levine: Best Paying Careers
  • College Admissions Expert Elizabeth Levine: Saving for Your Child's Education
  • College Admissions Expert Elizabeth Levine: Financial Aid Deadlines
  • College Admissions Expert Elizabeth Levine: Preparing to Apply to Colleges
  • College Admissions Expert Elizabeth Levine: College Cost vs. Earnings of Graduates
  • College Admissions Expert Elizabeth Levine: Financial Aid Myths
  • College Admissions Expert Elizabeth Levine: Help with Student Debt
  • College Admissions Expert Elizabeth Levine: Letters of Recommendation
  • Comments

    Pool Rules



    MUST READ NEWS

    Indoor track: A circus of odd events
    By Patrick Brown
    Walking into an Indoor Track Meet at the Ocean Breeze Athletic Complex in Staten Island is a startling experience:
    Outside the building one is mostly...

    Read more »
    Image

    The results
    1500m RW: Margaret Ryan, second in a time of 7:48.8
    1500m RW: Olivia Fisher, sixth in a time of 8:13.2
    300m Dash: Kristin Lubeskie, eight in a time of 41.8...

    Read more »

    Free Narcan training for community members available on Jan. 31 in Goshen
    — Catholic Charities Community Services of Orange and Sullivan will host free Narcan training for community members on Wednesday,...
    Read more »

    SUNY Orange hosts 'The Past Comes Alive' art exhibit
    — In direct contrast with the solo exhibit of mostly abstract paintings and photographs by Mary C. Roth on view in the Mindy Ross...
    Read more »
    Image

    VIDEOS



    * indicates required
    Community Newspapers


    MOST COMMENTED



    Weather in Monroe, NY