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my sister did the thing where she deferred but paid the interest monthly and it worked great for her! the loan didn't grow while her kid was in school but she didn't have to stress about full payments either
Based on all the advice here, it sounds like you're leaning toward deferment with voluntary interest payments. That's a smart approach that many parents successfully use. I'd just add that you should get everything in writing from your loan servicer about how to make sure those voluntary payments are applied to interest correctly. Sometimes they need specific instructions to apply payments the way you want.
The transfer system is ANOTHER SCAM! My daughter lost a FULL SEMESTER when she transferred because the schools have these ridiculous arbitrary rules about which credits they'll accept. It's all designed to squeeze more money out of families!
Just to clarify one more important point - you absolutely NEED your own FSA ID as a parent contributor. The FSA ID you created is correct and necessary. You'll use it to electronically sign the FAFSA after completing your section. Just make sure the email associated with your FSA ID matches the email your daughter entered when adding you as a contributor.
UPDATE: I finally got the contributor email! It actually came through this morning. My daughter had to go back into her FAFSA and re-send the invitation. Make sure she clicks on the "Contributor" section in her FAFSA and checks that your status is "Invited" and not something else. The parent section wasn't too bad - took me about 30 minutes to complete once I had all our tax info ready.
That's great to hear! I'll have her try resending the invitation tonight. 30 minutes doesn't sound too bad at all. Did you need your full tax return or just the AGI number?
did u try using a different browser? i heard someone say that internet explorer (lol) actually works for the 2000 birth year glitch
GOOD NEWS! FSA just released an update yesterday that specifically mentioned fixing the birth year issue for people born in 2000. If you update your browser and clear your cache completely, it should work now. I just helped my little brother submit his (he's a 2000 baby too) and it went through fine. They've been rolling out fixes all month for various bugs in the new system.
Mei Chen
The system is LITERALLY designed to make this difficult. They don't want to give out aid so they create these impossible bureaucratic mazes. I bet they processed the wrong application ON PURPOSE knowing most families will give up fighting it. All these "errors" just mean more money they don't have to pay out in grants!!!!!
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Fatima Al-Qasimi
•I don't think it's a conspiracy. The new FAFSA Simplification Act changes actually EXPANDED eligibility for federal aid. But the system rollout was a disaster. There are just too many technical issues because they rushed the implementation before the system was ready. It's incompetence, not malice.
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Andre Moreau
UPDATE: I finally got through to FSA after using that Claimyr service someone recommended! The agent confirmed exactly what you all suspected - they processed the online application with the incorrect SSN and flagged my son as independent because my information wasn't linked correctly. The agent submitted an urgent correction to link our accounts properly and update his dependency status. They said it will take 3-5 days to process, and then both the school and state aid office will automatically receive the updated information. I've also emailed my son's financial aid officer with a summary of the call including the confirmation number the FSA agent gave me. Fingers crossed this gets resolved before tuition is due! Thank you all SO MUCH for your help. I was going in circles with the school and state aid office before posting here.
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Zoe Stavros
•That's excellent news! Be sure to follow up with both the school and state aid office early next week if you don't hear anything. Sometimes the updated ISIR comes through but gets stuck in their processing queue. A friendly nudge can help move things along.
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