Helen asks…
priority date to fill my fafsa was 1st march. Can i make corrections to my fafsa now?
Priority deadline for submitting my fafsa to my college was 1st march and i submitted it before that. But now i realised that i made a mistake in one of the questions. Can i make corrections to my fafsa or is it late?
Michelle answers:
Yes, you can ALWAYS still make corrections. The deadline date refers to the original filing. Once it is filed, you can make corrections to the info–meeting the deadline is based on the original application receipt date, not the date that any prior corrections were made.
If you are not quite sure what needs to be corrected, take your SAR into your school’s Financial Aid Office to speak with a Financial Aid Counselor that can help you determined what corrections need to be made.
Laura asks…
How do they determine on FAFSA how much you will get for financial aid?
Is it based on how much the school tution, your age, your income, and the school? I don’t live with my parents, I am in my late 20s possibly thinking about attending school. I know what FAFSA is, but I just want to know how do they determine how much they will approve for financial aid. Thanks!!
Michelle answers:
The FAFSA form goes by your last year’s tax return information since you are in your late 20s. For example if you were applying for the Spring 2008 semester, it would go by your 2006 income tax return. It takes into consideration your marital status, your household size, and number of dependents you have. Your contribution would be counted at a percentage of both your income and savings. You could receive the Pell Grant (income dependent), work study program, need based college scholarships from their endowment fund, and student loans. There is a FAFSA worksheet which costs money which can be utilized to show your entire situation which could bring more money. I will include some free resources below which should help. Good luck!
Mark asks…
How long does an online FAFSA take to register?
I submitted a FAFSA application online because i was running out of time for the missouri deadline, and i will definitely need federal help paying for art school. Anyway, i was just wondering how it took to process, I had assumed it was basically instant, or at least the same day, but you cant even check its status for a week so I’m getting nervous.
Michelle answers:
They usually respond within a couple of days telling you what your EFC (expected family contribution) is. Then it usually takes a couple of months to find out exactly what you’re going to receive. I submitted mine in March and won’t find out how much I’ll get until May. But if you have a low EFC then you’re most likely going to get a lot of aid. Mine was zero last year and I got $9500 in aid! Good Luck.
Ruth asks…
What happens if I select an inaccurate living arrangement on the FAFSA?
When I filled out the fafsa, I answered that I’d be living off campus (not with my parents) but I think I’ll still be living at home once school starts. What kind of complications might this cause?
Michelle answers:
You can live at home and this won’t cause a problem since your award amount is based on your income. Make sure you know what address that you gave FAFFS and your school. They should be the same address and they will mail you financial aid information to that address.
Basically, if you’ve already been awarded grant money, you should have no problem receiving the full amount but make sure that your correct address is listed with both your school and FAFSA.
Students constantly move and change their address so your case isn’t unusual. If you have a new address then make sure you fill out the “change of address form.”
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