Part of our commitment to keeping you informed is calling your attention to changes in the industry. In case you missed it, the Internal Revenue Service (IRS) and the U.S. Department of Education (ED) issued a statement on March 10 about the unavailability of the IRS Data Retrieval Tool (DRT). An announcement for students was also posted on StudentAid.ed.gov.
- The IRS anticipates the DRT will be unavailable on FAFSA.gov and StudentLoans.gov for several weeks, however, the outage should not limit families' ability to apply for Federal Student Aid.
- Applicants filling out the Free Application for Federal Student Aid (FAFSA®) or applying for an income-driven repayment (IDR) plan can manually provide the requested financial information from copies of their tax returns.
- The online FAFSA and IDR application remain operational, and applicants can continue filing the FAFSA or applying for an IDR plan as they normally would.
The IRS and ED have indicated they will provide additional information when a specific timeframe for restoring the DRT is available or there are other details to share.