Sharon asks…
How can I tell if my Fafsa submitted correctly?
I sent in my fafsa, and I just want to be sure if it was submitted in correctly.
Nagesh answers:
I think you just have to wait for the result- if you feel you missed out something big, like your parents’ income tax info or a college you plan to apply for, you can contact FAFSA to correct your application. You can check out directschoolloan.org for the application procedures. Cheers!
Mandy asks…
How do I get my FAFSA completed before Feb1 when my parents have not received their W-2s?
The FAFSA is open for submittal starting January 1 and the Oregon deadline is February 1. How do I get this done soon when my parents W2s have not arrived?
How does anyone get this done on the first few days of January?
Nagesh answers:
On the FAFSA they ask if you have filed your return or not. In this case, the info would be for your parents. If the answer is no, then you are asked to give estimates for the questions asked about their finances. After they file their taxes, then you go back to the FAFSA on-line and put in the finalized numbers.
Paul asks…
How long does it take for a school to receive my fafsa if I do it online?
My mom is finishing up her taxes now and is going to file them in the next couple days. My first choice school’s deadline to receive my fafsa and the collegeboard profile thing is February 1st. How long, after completed and submitted, does my fafsa take to get processed and arrive at the school? Thanks.
Nagesh answers:
Once you finish the FAFSA you have to wait for it to be processed. This means they are taking in your information, seeing if anything is missing. It can take up to 2 weeks if you did it online (usually less). You can log onto your FAFSA and it will say processed when it has been processed. You wont get an email about the processing status, just check daily yourself. Then you wait while they put that information into a formula they used which the result will be your EFC, estimated family contribution. This number is not how much you get or how much you pay. This is just a result of the formula they use and a measure of your financial strength. They will then put this EFC and a recap of your FAFSA in a report called SAR, student aid report. From the time your FAFSA says processed to the time your SAR is ready will be up to 2 weeks (usually less). You will get an email saying our SAR is ready. You just log into FAFSA to view it. They will also send this SAR directly to the colleges you listed on your FAFSA. Those colleges which you applied to who offer you admittance will then create a financial aid award offer for you based on your EFC. The lower the EFC the more financial aid you need based on your FAFSA results. They will then create a financial aid award offer for you. This can include grants, student loans, parent loans, federal work study and aid your college offers and state offers. Usually for fall the award offers will get to you by early mid april by email, snail mail or both. Then you look over the offers from the different colleges, choose a college to attend, and then you will accept and deny each type of aid they may offer you. The way you receive the aid differs per school but federal aid is most always deposited into your college account. My daughter gets hers per semester on the disbursement dates which is about 2 weeks before the semester. These dates she knows because they are posted on her account she logs into. The college will automatically take out their charges like tuition, fees, housing and meal plan and any left over is your refund. They could mail it or my daughters college uses a debit card visa
William asks…
Do i need to reapply for FAFSA if I want the information sent to an additional school?
I efiled the FAFSA application (The application for federal student financial aid). I intended to have the information sent to one school- but since the application, have decided on a different grad school.. To have the results of my FAFSA sent to a different college , do I need to reapply for FAFSA from scratch?
Nagesh answers:
No. Once you have filed the FAFSA for a particular year, you cannot file another one. It will simply tell you that you already have one on file.
If you need to make changes to your FAFSA after you have filed it, including adding a new school, you can go to www.fafsa.ed.gov to make corrections to an already processed FAFSA. The link will be under Section 3 of the home page. You will need your PIN to access your application and submit the correction. If you have lost or forgotten your PIN, you can obtain it again at www.pin.ed.gov by clicking on “Request Duplicate PIN.”
You can include up to 10 schools on your FAFSA.
Sandy asks…
How come my sister received less money from fafsa than i did?
I’m a freshman, she’s a senior. She doesn’t have a job or any income and our fafsa‘s were filled out exactly the same. Am i going to receive less money from fafsa next year even if my parents income is the same?
Nagesh answers:
Fafsa
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