Many changes in applying for student aid

Parents Forum
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<p>"College students will face a couple of new challenges and opportunities as they begin applying for financial aid for the 2013-14 school year.</p>

<p>Students filling out the Free Application for Federal Student Aid, or FAFSA, will be encouraged to use the IRS Data Retrieval Tool, which will automatically transfer information from tax returns into the application. This tool is supposed to save time and reduce errors (and fraud). It also reduces the chance that a student’s application will be selected for verification. But its usefulness could be limited this year because the ‘fiscal cliff’ negotiations delayed the start of tax-filing season." …</p>

<p>[Many</a> changes in applying for student aid - SFGate](<a href=“http://www.sfgate.com/business/networth/article/Many-changes-in-applying-for-student-aid-4200800.php]Many”>http://www.sfgate.com/business/networth/article/Many-changes-in-applying-for-student-aid-4200800.php)</p>

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<p>Welcome to the era of Big Data, where all of your personal data is available on-line. So all student loans have to be made through the Department of Education and your FAFSA is hyperlinked to your IRS tax returns?</p>