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btw make sure ur kid logs into the studentaid website every few days after u submit. my application got stuck in processing cuz they needed more info but never emailed me about it!!
Just to clarify on deadlines - while the federal deadline is June 30, 2025, many states and institutions have much earlier deadlines for their own aid programs. Since you mentioned a February deadline, I'm guessing that was your school's priority deadline. Immediately after submitting the new FAFSA, I strongly recommend following up with the financial aid office directly to explain the situation. They may have institutional funds they can still provide or might be able to consider you for aid programs where deadlines can be extended in special circumstances. Having this conversation sooner rather than later maximizes your options.
@confused_applicant: A lower SAI (Student Aid Index) is better for financial aid purposes. The SAI replaced the old EFC (Expected Family Contribution) in the 2024-2025 FAFSA. The lower your SAI number, the higher your demonstrated financial need, which typically qualifies you for more aid. An SAI of 0 demonstrates maximum financial need, while higher numbers (potentially into the thousands) indicate less financial need according to the formula.
A high SAI doesn't necessarily mean you won't qualify for any need-based aid - it depends on the cost of attendance at the specific schools. Need-based eligibility is calculated as: Cost of Attendance - SAI = Financial Need So even with a higher SAI, if the school has a high cost of attendance, you may still demonstrate some financial need. Additionally, many schools offer merit-based scholarships that aren't tied to your SAI at all, but rather to academic achievement, special talents, etc. Don't lose hope until you see the actual packages!
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.
One thing I didn't see mentioned yet - if you're worried about qualifying for enough loans for your preferred program, you might want to look into an income-driven repayment plan after graduation. Even with higher loan amounts, these plans cap your monthly payments at a percentage of your discretionary income, making repayment more manageable. Also, check if your preferred program qualifies for Public Service Loan Forgiveness if you plan to work in the public sector or for a non-profit after graduation. This could be a huge factor in your long-term financial planning. Best of luck with your decision! Advanced degrees are worth it, but definitely choose the program that aligns with your career goals rather than making a decision based solely on immediate financial concerns.
Thank you for bringing up the repayment options! I hadn't thought much about that aspect yet. I do plan to work in the education sector after graduation, so PSLF might be relevant for me. I'll research that more as I make my decision. After all this helpful advice, I'm leaning toward waiting for my preferred program. The funding options seem more flexible than I initially realized, and I don't want to spend years in a program that wasn't my first choice just because of timing.
Jamal Harris
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
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Mei Chen
•That only works if you can AFFORD the interest payments!! My mom couldn't even afford those and now the loan is a complete disaster. The whole system is predatory if you ask me!
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Zoe Stavros
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.
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QuantumQuester
•Thank you! Yes, I'm going to choose deferment but set up automatic interest payments each month. I'll definitely get written confirmation on how to make sure they're applied correctly - great point! I really appreciate everyone's advice here - it's helped me understand my options so much better.
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