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Glad it worked! Side note - manually entering tax info instead of using the data transfer tool can sometimes increase your chances of being selected for verification later. If you receive a verification notice, don't panic - just respond promptly with the requested documentation.
PARENT PLUS LOANS ARE A TRAP!!!! Interest rates are over 7.5% and there's a 4.2% origination fee they take right off the top!!!! Try to find LITERALLY ANY OTHER WAY to pay before getting these loans. I'm $96,000 in debt from Parent PLUS and my daughter graduated 3 years ago. I'll be paying until I'm 70 years old.
same here! wish someone had told me how bad they were before i signed up. no forgiveness either ðŸ˜
Update: I finally got through to financial aid after trying that Claimyr service someone recommended here. The good news is I can still apply for the PLUS loan and there's technically no federal deadline. The bad news is our school has an internal processing deadline of 2 weeks before the end of the term for any aid to be applied to the current semester. They're going to put a temporary hold on the late fees while my application processes. Thanks everyone for your help!
Great news! Make sure you specify the correct loan period when applying (likely Fall/Spring for the full academic year) and remember you'll need to complete a Master Promissory Note (MPN) along with the application. The MPN is good for 10 years so you won't need to redo it each year if you need PLUS loans for future years - just the application portion.
UPDATE: Relieved to share that nothing changed with our aid package! I checked again today and everything is still showing as processed with the same SAI. The financial aid office confirmed they haven't received any updates or verification requests. Thanks everyone for the help and information - this forum saved me a lot of stress and unnecessary phone calls!
Update on my earlier comment - I just remembered my roommate had a similar issue and what worked for her was emailing FSA's escalation team directly. The address is: [email protected] Include ALL details: - Full name - Date of birth - FSA ID (username only, not password) - Date verification documents were submitted - Pending school deadlines - Summary of all contact attempts Make the subject line clear: "URGENT: Verification Documents Submitted [date] - School Deadline [date]" This often gets faster attention than calling the general line.
Thank you SO much for this email address! Will definitely try this approach too. At this point I'm willing to try anything to get this resolved before her school's deadline.
my verification took 2 months last year lol but then they gave me like $3000 more after they fixed my SAI so maybe there's hope?? this whole process sucks
Fatima Al-Farsi
Just to give everyone an update - the Department of Education officially announced today that the 2024-2025 FAFSA will be available starting December 1, 2023. They also noted a few important changes: 1. The form will be available in 11 languages 2. More students will qualify for federal student aid due to the new Student Aid Index calculation 3. Families with multiple students in college will see changes to how their financial need is calculated Mark your calendars for December 1st, and I recommend trying to submit in the first week if possible to avoid technical issues that might come from everyone trying to access the system at once.
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QuantumQuasar
•THANK YOU!! This is exactly what I needed to know. Going to tell my parents we need to set aside time that weekend to get it done.
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Dylan Wright
•Finally some official communication! Though I'm not holding my breath that the system will actually work properly on day one...
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Amara Eze
my brother just texted me and confirmed its def december 1st!! he said theyre expecting another crashed website tho lol so maybe wait a few days after it opens
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QuantumQuasar
•Thanks for the confirmation! I'm thinking I'll try really early on Dec 1st before everyone else gets online. Fingers crossed!
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