FAFSA Deadline Act
What changed between versions
The FAFSA processing deadline was changed from 'not later than January 1...to the maximum extent practicable, on or around October 1' to a firm 'not later than October 1 prior to the applicant's planned year of enrollment,' removing all flexibility language.
A new Section 3 requires the Secretary to certify by September 1 each year whether the Department will meet the October 1 deadline, and if it will not, to testify before authorizing committees by September 30 about the anticipated failure and its financial impact on students and families.
Section 2 was retitled from 'FAFSA submission date' to 'Establishment of earlier application processing cycle,' better reflecting that the bill targets when the Department processes applications rather than when students submit them.