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When I finally got through to someone at the financial aid office, they told me the CSS profile is just a starting point and we'd have a chance to explain our specific financial situation after submitting. That made me feel better about the whole thing.
To address your concern about timing: most schools will send preliminary aid offers with your ED acceptance letter in mid-December. You'll typically have until May 1st to make your final decision, and schools understand that financial aid is a crucial factor. If the package is truly unworkable for your family, you can appeal or potentially be released from the ED commitment. For the CSS Profile specifically, just make sure you're reporting information exactly as it appears on your tax documents. For your rental property loss, enter it as a negative number. And don't forget to report the property value in the assets section as well. The most important thing is consistency with your tax returns.
THIS SYSTEM IS SO BROKEN!! Why should students have to jump through 500 hoops just to get the loans they QUALIFY FOR?? My blood pressure goes up just thinking about my experience with this exact situation. The financial aid office acts like they're doing you a favor by processing your loans. IT'S LITERALLY THEIR JOB!!! Sorry for the rant but seriously - be prepared to be very persistent and don't take no for an answer.
One more thing - since we're already in July, ask specifically about their emergency loan programs too. Many schools offer short-term emergency loans to bridge the gap while federal aid is processing. This could help cover initial expenses until the federal loans come through. Also, double-check that your daughter doesn't have any holds on her account (library fines, parking tickets, etc.) as these can delay financial aid processing.
my brother went thru this last year and he said the most annoying part was each school formats their aid letters totally different so its super confusing to compare them side by side. some schools make loans look like scholarships if ur not reading carefully
also tell her to check if schools need the CSS Profile too not just FAFSA!!!! my kid missed out on aid from NYU cuz we didnt know they needed both smh
This is absolutely crucial advice. Many private schools and some public universities require both the FAFSA and CSS Profile. The CSS Profile is more detailed and lets schools use their own methodology for calculating aid. Even with a -1500 SAI, missing the CSS Profile deadline could mean losing out on significant institutional aid at schools that require it.
Update: So we asked about CSS Profile requirements and are checking each school's website for their specific forms. I also had her email all the financial aid offices to confirm they received her FAFSA with the correct SAI. Thanks everyone for your help! This is all so new to us.
Great steps! One more thing worth checking: some schools have special scholarships specifically for first-generation college students. Since you mentioned her daughter is first-gen, make sure she's applying for those opportunities as well. Sometimes these are separate applications with different deadlines from the general financial aid process.
Brooklyn Foley
My daughter applied on Nov 15 for 2024-2025 and we finally got the SAI calculation yesterday. So about 6 weeks total. The new system is definitely having issues but hang in there.
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Elijah Knight
•Thanks for letting me know! I guess I need to be more patient. Did you have to submit any additional documents for verification after you got the SAI?
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Brooklyn Foley
We didn't have to submit additional verification docs to FSA, but her college did request proof of income separate from FAFSA. Every school seems to be handling the new system differently.
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Elijah Knight
•Good to know! I'll keep an eye out for emails from my school too. This whole process is so confusing.
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