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Did anyone check if the CSS Profile is required by the school? Some private colleges require BOTH the FAFSA and CSS Profile to award institutional aid. If you only filled out FAFSA, you might be missing out on school-specific grants and scholarships that could reduce what you need to borrow!!!
One more thing to consider: your student can accept LESS than the full loan amount offered in the aid package. Many students make the mistake of taking all loans offered even if they don't need the full amount. Calculate exactly what you need after: 1. Any scholarships/grants 2. Your manageable contribution 3. Student work-study/job income 4. Payment plans Then only accept the minimum federal loans needed to cover the gap. You can always request the additional offered amount later in the semester if needed. This approach can save thousands in unnecessary interest later!
That's excellent advice! We definitely need to sit down and calculate exactly what we need rather than just accepting everything offered. And I didn't realize we could request additional amounts later if needed - that's good to know as a safety net. Thank you to everyone who replied! I feel so much better informed now. We're going to: 1. Appeal our SAI based on medical expenses and income change 2. Check if we need to complete the CSS Profile 3. Look into Parent PLUS loans for any remaining gap 4. See if the school offers a payment plan This forum has been incredibly helpful!
The calculatur online is BS anyway. I did it with my daughter and it also said 0 pell, then the real award gave us like $1500 in pell grants. IDK why they can't just make the darn thing acurate in the first place!!!!!
Just to clarify for everyone in this thread: 1. The FAFSA calculator shows your federal aid eligibility based on standard formulas 2. Your actual financial aid package will come from each individual school 3. Schools may offer institutional grants/scholarships on top of federal aid 4. Your SAI (Student Aid Index) determines Pell Grant eligibility 5. For 2025-2026, the maximum Pell Grant is approximately $7,395 6. If your SAI is above 7,395, you won't qualify for Pell 7. The "federal aid" amount typically refers to loan eligibility And remember, if you have special circumstances (medical expenses, job loss, etc.), you can request a Professional Judgment review at each school. It's worth the effort if your financial situation has changed.
Am I the only one who thinks its INSANE that we're all just casually talking about going into tens of thousands of dollars of debt for EDUCATION?? The whole system is predatory. In most developed countries college is free or nearly free. Sorry but I had to say it.
To answer your follow-up question about finding the best private loan options for the remaining $8,750: 1. Compare rates from multiple lenders (Sallie Mae, Discover, CommonBond, SoFi, etc.) 2. Look beyond interest rates - examine fees, repayment options, and hardship policies 3. Consider whether you'll co-sign (this typically gets a better rate but makes you legally responsible) 4. Check if there are any state-specific education loan programs where you live 5. Ask if the lender offers interest rate reductions for automatic payments 6. Look for lenders that offer grace periods after graduation And definitely check with the school about payment plans as another commenter suggested - that can reduce how much you need to borrow!
Jamal Brown
hey just wondering - did ur husband enter ur info (like ur SSN and income) when he did his part? Or was he just doing his own information? My husband and I are trying to figure out if we do our sections separately or if one of us puts in everything.
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Fatima Al-Rashid
•Each contributor should only enter their own information. The new FAFSA is designed so each person provides and certifies their own data separately. This is for security and accuracy reasons - having one spouse enter the other's SSN and financial details goes against the verification process.
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Aiden O'Connor
my cousins FAFSA got delayed for like 2 months bc his dad thought he did everything but actually the mom never signed it and they didn't realize until the school told him his aid package was on hold!! check with ur daughter's school financial aid office they can sometimes see exactly whats missing
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Sofía Rodríguez
•That's a good idea! I'll have her contact the financial aid office tomorrow to see if they can tell us exactly what's missing. I definitely don't want to delay her aid package.
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