1. Short title This Act may be cited as the Faster Access to Federal Student Aid Act of 2018 . 2. Secure disclosure of tax-return information to carry out the Higher Education Act of 1965 (a) Amendments to the Internal Revenue Code of 1986 (1) In general Paragraph (13) of section 6103(l) of the Internal Revenue Code of 1986 is amended to read as follows: (13) Disclosure of return information to carry out the Higher Education Act of 1965 (A) Income-contingent or income-based repayment and total and permanent disability discharge The Secretary shall, upon written request from the Secretary of Education, disclose to officers, employees, and contractors of the Department of Education, as specifically authorized and designated by the Secretary of Education, only for the purpose of (and to the extent necessary in) establishing, renewing, administering, and conducting analyses and forecasts for estimating costs related to income-contingent or income-based repayment programs, and the discharge of loans based on a total and permanent disability (within the meaning of section 437(a) of the Higher Education Act of 1965), under title IV of the Higher Education Act of 1965, the following return information (as defined in subsection (b)(2)) with respect to taxpayers identified by the Secretary of Education as participating in the loan programs under title IV of such Act, for taxable years specified by such Secretary: (i) Taxpayer identity information with respect to such taxpayer. (ii) The filing status of such taxpayer. (iii) Type of tax return from which the return information is provided. (iv) The adjusted gross income of such taxpayer. (v) Total number of exemptions claimed, or total number of individuals and dependents claimed, as applicable, on the return. (vi) Number of children with respect to which tax credits under section 24 are claimed on the return. (vii) Other information determined to be necessary by agreement between the Secretary and the Secretary of Education to administer the Federal financial aid programs