For the 2010-2011 Financial Aid Application Process, students need not deal with tax forms and more than one online application. The Free Application for Federal Student Aid, also known as FAFSA. This one form will determine how much financial aid a student will receive. Federal tax returns and W-2 statements are not required, but may be if more information is needed.
Overall, this is great news for everyone at GW. For too long has nothing been done about the great amount of "red tape" within the University. Spending less than an hour to deal with an important part of planning for next year reduces a great burden on students. However, there should be a healthy dose of skepticism that comes with this announcement. Will the Office of Student Financial Assistance ask for tax forms from the majority of students anyways? And perhaps more importantly, how will simplifying the process affect the amount of aid students receive. If submitting less forms means a less accurate forecast of financial need, and possibly less assistance, then is this really the right way to go? However, we should commend the university for trying to correct a problem that has been a problem for too long. Here's the e-mail sent out yesterday afternoon: