Linda asks…
How to change financial aid from one college to another on FAFSA?
I have several schools listed on my FAFSA, how do I “select” the school that I want the financial aid applied to?
Nagesh answers:
All the schools that are listed on your fafsa will be sent your financial information. However, this is the extent to which you can interact with it.
To select which school you want to attend, you tell the SCHOOL directly. The FAFSA form doesn’t need to know which one you eventually go to… It is just a form.
Sandra 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.
Nagesh 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
Robert 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?
Nagesh 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!
Michael asks…
What all do I need in order to fill out a FAFSA form?
I’m going tomorrow to meet with someone who will help me fill out a FAFSA for free. I need to know which documentation I need to take.
I was in school for awhile, but never applied for financial aid because I had received a full ride scholarship. Now after being out of school for a couple years, I’m planning on going back next fall.
Nagesh answers:
You can fill it out yourself. The questions are plain and simple to answer. You can estimate your income or use your W-2 if you have one. Http://www.fafsa.ed.gov/
Charles asks…
When do you know how much your going to get after filling out your FAFSA? How long does it take?
I completed my FAFSA and I’m doing No worker left behind so I can start school in January. I want to start school in January, but I don’t know anyone who’s received either.
Nagesh answers:
Did you fill out your FAFSA by mail or online? If you filled it out online, then you will get an email, usually within a few days, letting you know if you are approved or not. If you did so by mail, it will take longer. As for how much you will get, that will have to be checked out through your school. Because books, tuitions, and other fees vary from school to school, the school determines the exact amount all the FAFSA will show you is whether you are approved or not. Go to www.fafsa.org. They may have whether you are excepted or not listed. Good luck with school. I know as a returning, older 🙂 student it is a little scary at first, but I have had the best time meeting people and learning. I never thought that possible! Lol!!! Best wishes!
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