Friday, March 31, 2017

College Financial Aid Data Retrieval Tool Offline; But Applicants Have Other Options

To protect taxpayer data, the IRS and Federal Student Aid Office (FSA) of the Department of Education announced this week the Data Retrieval Tool (DRT) on and will be unavailable until extra security protections can be added. Students and families should plan for the tool to be offline until the start of the next FAFSA (Free Application for Federal Student Aid) season. 
Since the tool was disabled in early March due to security concerns, the IRS has been working closely with FSA to safely return the tool to service. “We know this tool is an easy way for students and families working on applications to access their financial data,” said IRS Commissioner John Koskinen. “While this tool provides an important convenience for applicants, we cannot risk the safety of taxpayer data. Protecting taxpayer data has to be the highest priority, and we will continue working with FSA to bring this tool back in a safe and secure manner.”
While the Data Retrieval Tool is unavailable, FSA and the IRS remind applicants that online applications are still available and are operable.

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