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IRS Restores Data Retrieval Tool for FAFSA
The IRS and the Department of Education on Sunday restored the data retrieval tool that allows students to automatically import their family income data into their applications for federal student aid.
The IRS abruptly suspended the tool in March, citing suspicious activity and potential vulnerability of taxpayer information. Student financial aid advocates rushed to communicate the change to students and provide assistance to those who would face greater challenges applying for aid. Lawmakers also asked the Department of Education to provide additional help to student aid applicants.
The department said in May that the data retrieval tool wouldn't be restored before the beginning of the new financial aid application cycle this weekend. The renewed availability of the tool means filling out the FAFSA will be quicker and more accurate for students and their families.
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