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Just a heads up - the "something within a week" is often their request for income verification. About 30% of FAFSA applications get selected for verification, where you need to provide additional documentation to confirm the income information on your FAFSA. If that happens, you'll need to submit documents like tax returns, W-2 forms, and possibly a verification worksheet. Don't worry if this happens - it doesn't mean you did anything wrong. Just respond promptly with the requested documents to avoid delays in her final aid package.
Thank you for the heads up. Do schools typically tell you immediately if you've been selected for verification? Or might that come later?
They usually tell you right away if you've been selected. The Department of Education flags applications for verification when they're processed, so schools know almost immediately. If you get that verification request, prioritize it - I've seen students lose out on aid because they missed verification deadlines.
One important thing to understand about this year's FAFSA process: colleges are receiving FAFSA data in batches from the Department of Education, but the final SAI calculations are still being worked out. What most colleges are doing now is: 1. Confirming receipt of FAFSA data 2. Identifying any missing information 3. Selecting applicants for verification if needed 4. Preparing preliminary aid packages based on estimated SAI The "something" coming within a week is almost certainly step 1 or 2. Actual aid packages won't be finalized until all four steps are complete, which for most schools means March-April for regular decision applicants.
This timeline helps a lot, thank you! I've been so confused by all the changes to the FAFSA this year. Is there anything specific we should be doing while waiting for steps 3 and 4?
While waiting, I recommend: - Check the student portal frequently (often schools communicate there first) - Gather 2023 tax documents for both student and parents - Research and apply for external scholarships - If your financial situation has changed significantly since 2023, prepare documentation for a potential professional judgment appeal These steps will help you be ready when the school moves to the verification or packaging stages.
I'm a bit confused about the numbers here. Are you saying you had $35,000 in unpaid interest that got capitalized? That seems extremely high unless your loan balance is well into six figures. Most IDR plans actually cover part of the interest to prevent excessive negative amortization. Could there be other issues with your account beyond just the missed renewal?
I had Parent PLUS loans for three kids plus my own grad school loans consolidated into a Direct Consolidation Loan on an ICR plan (only option for Parent PLUS). Original amount was around $180k, and I've been paying for 8 years but never touching principal because my income-based payment only covers about 60% of monthly interest. So yes, that much unpaid interest accumulated over the years is unfortunately accurate.
After reading all these comments, I'm getting flashbacks to my own nightmare with Navient when they transferred my loans to Aidvantage. The thing nobody mentioned yet is that the Department of Education actually released specific guidance about interest capitalization during servicer transfers in 2022. If your transfer happened after July 2022, they were NOT supposed to capitalize interest just because of the transfer itself. Pull up the FSA announcement from July 2022 about the new capitalization policies and specifically cite that in your complaints. The servicers hate when you know the actual policy documents!
has anyone heard if theyre changing the SAI formula again this year?? last year my daughter's SAI was completely different than her EFC would have been and we got way less aid than expected. the whole new system is so confusing!!
The SAI formula should remain the same for 2025-2026. The major formula changes were implemented with the FAFSA Simplification Act and those aren't scheduled to change again for several years. Your daughter's SAI being different from the old EFC calculation is expected - it's an entirely new formula that weighs income and assets differently.
Thanks everyone for the helpful information! I'll plan to have everything ready for October 1st but won't panic if there are delays. I've already created FSA IDs for myself and my son, and I've bookmarked that Claimyr service just in case we run into problems. I really hope they've actually fixed the issues this time - last year was so stressful waiting for financial aid packages to come through at the last minute.
Don't forget to gather your 2023 tax returns and W-2s as well! The 2025-2026 FAFSA will use 2023 tax information (two years prior). Having those documents ready will make the process much smoother.
my daughters school made her redo the fafsa twice and i never got any emails about it either time lol
It's also worth noting that for the 2025-2026 FAFSA, FSA has made some changes to their communication system. They now send more updates to the student's portal inbox rather than email. Have your daughter check her studentaid.gov message center regularly, as important notices might be there rather than in email. The system has been a bit inconsistent this year with the rollout of the new FAFSA.
Good to know! I'll make sure she checks that too. Is there any way for me to get access to see those messages or does she need to share them with me?
She'll need to share those with you. Under FERPA (privacy laws), they can't give you direct access to her messages. Some families set up a shared email address specifically for college/financial aid stuff to make this easier, but that's more useful before submitting applications. At this point, your daughter will need to either forward messages or take screenshots to share them with you.
Javier Morales
Update: I finally got through to the financial aid office! They agreed to give me an unofficial estimate by the end of this week (still 5 days before deposit deadline) AND said they'd consider an extension if the estimate doesn't come through on time. The counselor also confirmed that making a deposit doesn't impact aid calculations at their school - she said those numbers are already determined based on our financial information. Feeling much better now!
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Isabella Silva
•That's great news! Still be careful though - unofficial estimates can sometimes be more generous than final offers (conveniently). Make sure to get their statements in writing if possible.
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Javier Morales
•Good point - I'll ask them to email me the estimate when it's ready. They seemed pretty transparent, but better to have everything documented.
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CosmicCadet
i paid a deposit last year and then still negotiatied aid when the package came. showed them better offers from other schools and they matched! dont be afraid to ask for more $$$
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Emma Davis
•That's really good to know! I might need to do exactly that. Which school types were more willing to negotiate? Were they all private or did you have success with public universities too?
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CosmicCadet
•the private schools were wayyy more flexible. public universities barely budged at all except for one that offered more work study hours.
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