Thomas asks…
How do I go about filling this fafsa info out?
I did my fafsa and I used my mother information but I put that I wasnt going to file but I had to go make the correction saying I was going to file. How do I go about filling my information out when I do file my taxes?
I only made 2,387 will that change the amount of money I will be receiving my EFC is 834 based on my mother’s information.
Michelle answers:
Go to the fafsa website and click on : “STEP 3, Make corrections to a processed fafsa” and enter in the correct info.
Good luck
Charles asks…
Do you ahve to be enrolled in the college before FAFSA sends you an award letter?
I filled out my FAFSA months ago, and have not heard anything. I am planning on going to school in the Fall but I am not yet enrolled at the college. Do I have to enroll before I hear anything from FAFSA?
Michelle answers:
Ilove:
The answer is “yes”, because you’re misunderstanding how the process works.
When you complete your FAFSA, you are submitting that application to the US Department of Education. That organization does two things with your FAFSA – they determine whether you are eligible for the federal student aid program, and they calculate a special financial aid index known as the Expected Family Contribution score. The Department of Education is NOT responsible for making a financial aid offer.
When you complete the FAFSA, you will identify schools that you want the Department to send your calculated EFC score to. When your application is evaluated, and your EFC is assessed, they will send you a notification called your Student Aid Report, and they’ll send all of those schools a document called the Institutional Student Information Report. What you (and the school) will find in that report is your calculated Expected Family Contribution score.
The financial aid office at each school will take that EFC score and use it to compare your financial aid need to the need of all of the other aid applicants at that school. This is how they’re able to determine what forms of aid you are qualified to receive, and how they determine how much they can offer you.
When your school has put together a financial aid package for you, they’ll send you an aid offer letter, which tells you all about the aid they can provide for you, and details all of the instructions on what you’ll need to do to accept and finalize that aid.
So – yes and no. You don’t need to be enrolled in a college, but you do need to have selected your school, and asked the Department to forward your EFC score to that school. Keep in mind that some schools will not make students a financial aid offer until the student has accepted their admissions offer. These schools argue that they can not distribute their limited aid effectively until they know which students will be attending. Other schools will make an aid offer to all accepted applicants, knowing that many students are waiting to hear what kind of aid they’re going to receive, so that they can choose between multiple schools.
If you’ve been accepted to more than one school, you may want to contact the financial aid office at each school, and ask them if they will make an aid offer to you before you have actually accepted your admissions offer.
I hope that helps you – good luck to you in school!
Donald asks…
Will my Fafsa be counted late if i went back to make a correction after the deadline?
I submitted my fafsa a month before the deadline. i submitted it with the income tax estimate. My parents barely did their taxes and they won’t be available to use by the IRS retrieval tool for about a month. Will my fafsa be counted late if I submit the corrected financial information a month after the march 2nd deadline?
Submitted 2/12/13
processed 2/20/13
Wont submit corrections until the end of march.
Michelle answers:
You were smart to submit anyway and should be able to update the information.
You can check on the FAFSA website: http://www.fafsa.ed.gov/deadlines.htm
Linda asks…
What info regarding my federal financial aid history can be seen by colleges not listed on my FAFSA?
Is it possible for universities to access my Finaid history without explicit permission from me (by entering their OPEID in my FAFSA and signing electronically)? I understand that there would be no ISIR issued to them without my having submitted a FAFSA, but could a record of my previous aid be legitimately accessed through systems such as the NSLDS, or SAIG, regardless of that?
I intend to apply for admission to a different university and “start over,” but this is one detail I’ve had difficulty confirming… Based on my research so far, I believe that the only legitimate reason for accessing this information, which is protected by FERPA laws, is to verify eligibility for future federal aid (because it is limited). This mean that if I don’t apply for FSA, I probably will not have to worry about a university stumbling upon info about unmentioned previously attended schools.
However, I wonder if it would still be too risky to apply for institutional funding via the CSS Profile application while declining to submit the FAFSA as both of these applications are likely reviewed by the same department (the school’s office of financial aid) and could draw unwanted attention to me. Any thoughts? I realize that starting over means I will probably have to pay for all of my own tuition and this is a huge sacrifice.
Michelle answers:
If you have not included the school’s code on your FAFSA, the school would need to obtain your Data Release Number (DNR) from you in order to access it. They could access your previous history in NSLDS, but if you are not applying for federal financial aid, they would have no reason to do that because, from their point of view, it has no bearing on anything.
However, most schools that use the CSS Profile will require that you also complete the FAFSA, even if you do not intend to accept the aid. Since the Profile is primarily used to award institutional aid, they’re going to want to know if you were eligible for federal grants ( and sometimes even loans) that can be applied to your need before they part with their own money. So, if you want the institutional aid that comes from the Profile, you’re probably going to have to give them access to your FAFSA, and they will most likely check your history in NSLDS.
It would be a good idea to come clean about whatever issues you had at your previous school. FA and admissions people get pretty good at detecting when a student isn’t telling them the whole story. It could be that whatever the problem was won’t affect you at all. But if it does, then it’s better to know that now than find yourself getting expelled later because your application was fraudulent.
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