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Just to add - I've been tracking this issue closely, and currently about 60% of colleges have announced extended decision deadlines. The American Association of Collegiate Registrars and Admissions Officers (AACRAO) has been collecting this information. Most extensions are to May 15, but some schools are going as late as June 1st. If your colleges haven't announced extensions yet, they probably will soon given how widespread the FAFSA issues have been. This is literally the most delayed FAFSA processing cycle in history.
Just got updated info from another FSA agent today - they're now saying all FAFSA data should be transmitted to colleges by March 22nd, and schools are being asked to prioritize processing aid packages for incoming freshmen first. Most schools are telling families to expect packages by mid-April. If you haven't heard about your specific colleges extending their decision deadlines, call their admissions offices directly - many are making these decisions on a rolling basis.
anybody notice how the FAFSA is SUPPOSEDLY easier now but somehow gives LESS aid than before?? my nephew got $3400 LESS this year with the "simplified" fafsa and their financial situation is EXACTLY THE SAME!!
The new FAFSA formula (now using SAI instead of EFC) does calculate family contribution differently. Some middle-income families are seeing less aid, while others are seeing more. It depends on your specific financial details like number of dependents in college, types of income and assets, etc. Your nephew should definitely appeal if there was such a significant change without corresponding changes in financial circumstances.
Update: I want to thank everyone for their advice. I called both financial aid offices this morning and learned that my twins ARE eligible for additional unsubsidized loans because of our Parent PLUS denial. That will cover about $8,000 of our gap. I've also scheduled appointments to discuss institutional payment plans and possible additional grants based on our medical bill situation. My sister has agreed to look into being an endorser for a smaller Parent PLUS loan to cover the remaining amount. I'm still stressed but feeling like we have a path forward now.
Thank you everyone for all the suggestions! I've made a list of everything to discuss with the financial aid office. I'm also going to look into private loans with my husband as cosigner and see if there are any emergency funds or special scholarships I might qualify for. Will try calling FSA directly too using that Claimyr service - worth a shot at this point. I'll update once I figure something out in case it helps others in my situation.
My wife had this EXACT problem when we got married!!! She ended up getting a small private loan ($5,000) through Sallie Mae with me as cosigner for her summer classes, and then once her SSN came in (took almost 4 months!) she could do FAFSA for the fall semester. Interest rate was higher than federal loans but we didn't have much choice. Check with Discover and Sallie Mae, they both have options for this situation.
Just to clarify something important - the professional judgment process doesn't actually change your FAFSA or your official SAI number. What happens is: 1. Your FAFSA submission with 2022 data creates your official SAI 2. Schools receive this SAI as your official one 3. When you request professional judgment, schools individually recalculate what your SAI would be with updated information 4. They then adjust your financial aid package at THEIR institution based on this recalculated SAI Your official SAI on studentaid.gov will never change, which confuses many people. Each school effectively creates their own internal modified SAI for you.
One more thing - start the professional judgment process as soon as possible after submitting your FAFSA. Many schools allocate their institutional funds (grants, scholarships) early in the cycle. If you wait until close to enrollment time, they may have already committed most of their discretionary aid funds, leaving mainly loans as options for you. Timing really matters!
Dmitry Popov
Ask for their policy on \
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Dylan Wright
one other thing nobody mentioned - check if theres different deadlines for the fafsa for certificate programs vs regular degrees. i almost missed out on aid once cuz the certificate program had an earlier priority deadline than what i was used to for my regular classes.
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