29 Jul 2025
🎓Notice on FAFSA Revision and Emergency Collection Request
Agency Information Collection Activities; Comment Request; 2026-2027 Free Application for Federal Student Aid (FAFSA)
Summary
In accordance with the Paperwork Reduction Act of 1995, the Department is requesting the Office of Management and Budget (OMB) to conduct an emergency review of a revision of an approved information collection request (ICR).
Agencies
- Education Department
Business Impact
$$$ - High
The notice discusses the revision of the FAFSA, impacting how financial aid is determined for students. Delays in FAFSA processing could affect institutional enrollment and financial aid packaging, influencing higher education businesses’ operations and revenue.