George asks…
How many FAFSA check do you receive per semester?
I filled out my FAFSA and when i logged on to see the status of my application it showed that i would be receiving a little over $2700. And on my e mail account for my college it says that my check has been mailed out to the amount of 1$300. Am i going to receive two checks during the semester or did they just give me to high of an estimate?
Michelle answers:
I’m not sure if all states do it this way, but in Florida, it works like this:
FAFSA awards money for the school year. Your school splits that amount up into semesters or quarters (depending on the school). Every semester you should get one check for the DIFFERENCE from your tuition and the money you have for that semester.
Example: You received an award for $3000. Split into 3 semesters is $1000/semester. Your tuition for this current semester is $500. So you would get a check for the remaining $500.
In general, you should receive one check every semester, as long as your tuition is less than the award for that semester. For the following semesters, you won’t get the money until after you’ve registered for classes. You should check your college account to see how much they’ve given you for each semester and do the math that way to see if they sent you the correct amount. If the numbers still don’t add up, call your school’s financial aid office.
Hope this helps.
John asks…
How long after the FAFSA is completed and processed will I hear back from universities?
Ok well my FAFSA is now processed and it says they sent my SAR to the universities already. About how long will it take to receive an award letter? A few weeks? Month? more?
Michelle answers:
It depends on how long it takes for your FAFSA to process, how swamped their aid offices are, and a few other factors. I’d expect that you should hear something back within a month or two, usually, but you can likely get a good idea by visiting the aid websites of the school. Usually, they’ll have a place where they mention turnaround time, and if not, you can even email them and ask them how long the process might take.
Sandra asks…
How do I transfer my fafsa data from one year to another?
I filled out a 2012-2013 fafsa but would like to transfer all the data to 2013-2014. How can I do this. Otherwise I’m going to have to start all over.
Michelle answers:
Go to fafsa.ed.gov and click on “start a new FAFSA” then type in the exact information you have previously entered for your other FAFSA application(s) such as first name, last name, DOB, SSN, and pin number. It will populate most of the stuff you filled out in prevous applications and all you will need to add is you and your parents tax information plus the school code.
James asks…
How does dropping and fafsa work in the UC system?
If I were to drop out from UCLA after just one quarter, how would that work? I got a loan of 3,500 and fafsa was going to cover the rest, so would I be able to drop out after the first quarter? If so, will I still have to pay for the entire year of dorm, meal, and tuition or how would it work? Also, if I were to want to start a cosmetology school instead will fafsa help me out? Please, only answer if you are sure of how the system works. Thank you.
Michelle answers:
Everyone’s first semester in college you’re on probationary status, and by dropping your classes the college isn’t allowed to disburse FAFSA financial aid (student loans or grants) in your name. So you will have to pay that money back before you’re allowed to be eligible for aid in the future.
Cosmetology schools are not eligible for financial aid.
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