Guidelines for data sharing practices had changes go into effect with the 2024-2025 award year as a result of the FUTURE Act and the FAFSA Simplification Act. Information from a processed FAFSA are divided into two categories-Federal Tax Information(FTI) which is information brought directly from the IRS into the FAFSA and Non-FTI data which is information provided directly by the student/contributors into the FAFSA.
Non-FTI FAFSA Data is defined as:
- The fact that the FAFSA was submitted;
- Applicant and contributor information provided on the FAFSA, Institutional Student Information Record (ISIR), and FAFSA Submission Summary, including:
- Personally identifiable information (PII); Demographic information; Student eligibility information; the list of colleges receiving the FAFSA; manually provided income and asset information; Student aid index (SAI); and Federal Pell Grant eligibility (Yes/No).
FTI FAFSA Data includes:
- Tax year (e.g., 2022 tax year information for the 2024-25 FAFSA); tax filing status; Adjust Gross Income (AGI); number of dependents; income earned from work; Taxes paid; educational tax credits; untaxed individual retirement arrangement/account (IRA) distributions; IRA deductions and payments; untaxed pension amounts; Tax-exempt interest; Schedule C net profit/loss; Indicators for Schedules A, B, D, E, F, and H; and IRS response code.
Have questions or comments about this survey?
Contact Catherine Brown, Senior Director, Policy & Advocacy, NCAN at brownc@ncan.org.