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wait im confused... i thought FAFSA uses like your parents income anyway unless ur over 24? does ur own income even matter that much on fafsa calculations?
It depends on your dependency status. If you're considered a dependent student (under 24, not married, no children, not military, etc.), then your parents' income AND your income both factor into the SAI calculation, though parent income typically has a much larger impact. If you're an independent student, only your income (and spouse's if married) is considered.
One more important point: October 1, 2024 is when the 2025-2026 FAFSA application opens. Even though the federal deadline extends into 2026, submitting as close to October 1st as possible is ALWAYS recommended for maximum aid consideration. February is definitely cutting it close for many schools' priority deadlines.
This whole FAFSA system is RIDICULOUS! They make it SO COMPLICATED for families just trying to get some help with college costs. My daughter is a sophomore now and I've been through this nightmare twice. The "cannot compute SAI" is just one of their many useless error messages that tell you NOTHING about what's actually wrong. And the fact that schools all have different portals and deadlines is just the cherry on top of this bureaucratic disaster. Just wait until you have to do verification - that's a whole new level of FAFSA hell. They'll make you upload every financial document you've ever had and then still take weeks to process it.
Oh no, what's verification? I keep hearing about it but don't really understand what it involves or how to know if we'll be selected for it.
Verification is when they randomly select applications to "verify" the information by requesting additional documentation - tax transcripts, W-2s, household size verification, identity documents, etc. About 30% of FAFSA filers get selected. You'll know if you're selected because it will say so on your Student Aid Report (SAR) and schools will contact you about required documents. It's basically the FAFSA audit nobody wants!
To directly answer your questions: 1. Yes, "Processed" status means your FAFSA is complete and the SAI has been successfully calculated 2. The colleges your daughter listed on her FAFSA will automatically receive her information 3. Each college creates their own financial aid package based on your FAFSA information 4. You must check each college's individual financial aid portal or wait for them to contact you with award packages 5. If you need to see what your actual SAI number is, view your processed FAFSA or Student Aid Report (SAR) on studentaid.gov Most incoming freshman receive financial aid offers between February and April, though some schools may be delayed this year due to the FAFSA changes.
Gracias a todos por su ayuda! I just helped my husband create his own FSA ID with a different email address. We've linked it to the existing FAFSA application, and everything seems to be working now. Hopefully we won't have any more delays with the verification process!
Great! Just remember for next year's FAFSA that you'll now both need to remember your FSA ID login info. I recommend storing it in a password manager or writing it down somewhere safe. And start the application early - I learned that lesson the hard way!
have u looked at ur sons SAI number on the FAFSA? that will tell u exactly what theyr expecting u to pay. might be scary but at least u know whats coming
Jessica Nguyen
When I was dealing with my son's verification last month I called the Federal Student Aid hotline and eventually got through to someone who told me the tax document requests are batched and sometimes go out after initial processing. She said as long as you used the IRS Data Retrieval Tool originally it should transfer automatically without you having to do anything. Took about 10 days for his verification to complete then everything was good. Super annoying but worked out fine in the end.
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Cameron Black
•That's reassuring to hear! We definitely used the IRS Data Retrieval Tool when we first applied. I'll keep an eye on the status and hopefully it'll resolve itself within a couple weeks. Thanks for sharing your experience!
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Ruby Garcia
my brother works in financial aid at a university and he says this is happening to TONS of people this year. the new fafsa system is just a mess tbh
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Isaac Wright
•Ugh exactly. My niece got selected for verification THREE TIMES somehow. Each time they asked for different documents. Financial aid office said they've never seen anything like it before.
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