The application deadline is Feb. 15, 2014. This means that, by Feb. 15, FACTS Grant & Aid Assessment must receive:
- your application,
- a copy of your tax return, as submitted to the IRS, and
- a copy of your W-2 forms.
To begin the application process, click here.
While we are aware that the IRS has delayed the opening date for individuals to file their 2013 tax returns, this does not affect our Tuition Assistance application deadline. Your tax return does not need to be processed by the IRS before you can apply for assistance; it just needs to be submitted to the IRS. You can submit your 2013 tax returns as in any normal year. It is simply that the IRS does not plan to begin reviewing returns before Jan. 31 (according to the Dec. 18, 2013 IRS news release IR-2013-100).
Most of us were not even aware that a similar situation existed last year. The IRS did not begin reviewing returns until Jan. 30, following January tax law changes made by Congress on Jan. 1 under the American Taxpayer Relief Act (ATRA). The extensive set of ATRA tax changes affected many 2012 tax returns, which led to the late January opening.