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And don't forget the FAFSA COMPLETELY CHANGED this year!!!! The new system is calculating Student Aid Index (SAI) instead of EFC and uses different formulas! Your daughter might qualify for more aid under the new system so make sure you're looking at the right aid year when you apply!
You're right - I've been hearing about the SAI replacing EFC. We're completing the new FAFSA as soon as it opens. Do you know if the change might actually help us? Our main issue was that they counted our home equity in the old calculation even though we don't have much liquid cash.
The new FAFSA and SAI calculation actually eliminates the consideration of home equity entirely, which could potentially help your situation. The new formula also increases the income protection allowance and adjusts how multiple students in college are counted. These changes might result in a lower SAI than your previous EFC, potentially qualifying your daughter for more aid before you need to turn to loans.
i always heard it was best to max out federal loans before private ones bc of the protections right?
Yes, that's generally the recommended approach. The order of operations should be: 1. Direct Subsidized Loans (student's name) 2. Direct Unsubsidized Loans (student's name) 3. Parent PLUS Loans (parent's name) 4. Private loans (last resort) Federal loans offer income-driven repayment plans, potential loan forgiveness, hardship deferments, and fixed interest rates. Private loans typically have none of these protections.
Yes, you can absolutely submit the CSS Profile quickly now! While there's no official "rush" option, the College Board typically processes CSS Profiles within 3-5 days of submission. The schools will then receive your information. Make sure to: 1. Contact each school's financial aid office immediately to let them know you're submitting the CSS Profile late 2. Ask if they need any additional documentation 3. Inquire if this delay will impact your aid consideration Many schools have some flexibility with their internal deadlines, especially if you're proactive about communication. Have your tax documents and financial information ready before starting the CSS Profile to make the process faster.
Regarding your question about negotiating aid offers - yes, this is often called "appealing" your financial aid award, and many students do this successfully every year! Some tips for this process: 1. Use the term "appeal" rather than "negotiate" when speaking with financial aid offices 2. Be polite and explain why you need additional assistance 3. Provide specific examples of better offers from similar institutions 4. Document any financial changes not reflected on your FAFSA 5. Follow each school's specific appeal process (some have forms, others want letters) This works best when you can show a significant difference between offers from peer institutions. For example, if two similar private colleges offer very different aid packages, the one with the lower offer might adjust to be more competitive. Just remember that not all schools have flexible aid budgets, particularly state universities with more rigid formulas.
Just a quick heads up - many schools have different priority deadlines, and some are later than others. Double-check with your daughter's specific schools about THEIR actual deadlines. It might not be as urgent as you think for all of them. I made this mistake too and stressed for nothing when some schools had May deadlines!
One more suggestion: If the FAFSA form remains stuck in processing, document your attempts to submit on time. Take screenshots of error messages, record dates/times of your attempts, and prepare a brief explanation. Then, immediately contact the financial aid offices at your daughter's schools to explain the situation. Many schools have hardship provisions for technical difficulties with FAFSA submissions. Also, the FAFSA processing system typically updates overnight between 11pm-5am Eastern Time. Sometimes applications that have been "processing" all day will suddenly become available after this maintenance window.
Thank you so much. I just got off the phone with a FAFSA agent (used that Claimyr service someone mentioned - it actually worked!). They manually cleared our processing status and I can now access the correct 2024-25 form! We're going to stay up all night if needed to get this submitted. I really appreciate everyone's help!
For married couples, all assets are considered shared for FAFSA purposes, regardless of whose name is on the accounts. So you'll need to report:\n\n- Individual accounts in your name\n- Individual accounts in your husband's name\n- Any joint accounts\n\nThe FAFSA doesn't distinguish between separate and joint accounts for married parents - it all gets reported as parent assets. This is true even if you file taxes separately.
Carlos Mendoza
You've gotten good advice here! Just wanted to add that when my son was applying to colleges, he ended up adding two more in August (super late!) and he still got federal aid, but only one of them offered any institutional scholarships. The financial aid counselor told us that they keep a small reserve of scholarship money for late applicants with strong profiles, so if your son has good stats, it doesn't hurt to add the schools and then follow up with a phone call to their financial aid offices to explain the situation. Sometimes they can work with you!
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Klaus Schmidt
•That's really helpful advice - thank you! My son does have strong academics, so maybe there's still hope for some institutional aid. We'll definitely follow up with phone calls after adding the schools.
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Aisha Patel
Just to confirm the technical process for you: 1. Log into studentaid.gov with your student's FSA ID 2. Select the 2025-2026 FAFSA form 3. Click on "Make FAFSA Corrections" 4. Navigate to the "School Selection" section 5. Add the new school codes (every college has a unique federal school code) 6. Submit the corrections 7. You'll get a confirmation page - save or print this for your records The updated information will be sent to the new schools automatically. No need to resubmit the entire application!
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Klaus Schmidt
•Thank you for breaking down the exact steps! That's super helpful. I was worried we'd have to redo the whole application.
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