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Kelchen, Robert; Jones, Gigi – Journal of Education Finance, 2015
We examine the likely implications of switching from a prior year (PY) financial aid system, the current practice in which students file the Free Application for Federal Student Aid (FAFSA) using income data from the previous tax year, to prior-prior year (PPY), in which data from two years before enrollment is used. While PPY allows students to…
Descriptors: Student Financial Aid, Family Income, Paying for College, Student Costs