


Ask the community...
is anyone else annoyed that they completely changed the fafsa system the same year as the election?? feels like nobody in government is paying attention to fixing these issues bc theyre all busy campaigning lol
UPDATE: I wanted to thank everyone for their advice! I followed several suggestions: 1. Contacted my school's financial aid office - they gave me a 3-week extension on the priority deadline! 2. Used Claimyr to actually reach someone at FSA after 9 previous failed attempts - they submitted an expedited review 3. Visited my local SSA office (had to wait 2 hours) and discovered there WAS a discrepancy in how my married name was formatted Good news - my verification finally went through this morning! The SSA office fix plus the expedited review from FSA seems to have worked. For anyone else dealing with this, definitely be persistent and try multiple approaches at once. Thanks again for all your help!
Excellent news! This is exactly the kind of multi-pronged approach that works best with these systems. I'm glad you got resolution before your deadline. For anyone else reading this thread with similar issues, this is a perfect example of being proactive rather than just waiting for the system to eventually work.
Oh and to answer your other question - DEFINITELY do the whole year at once! Each loan application is another hard inquiry on your credit report, plus most lenders have minimum loan amounts (like $1000 or $1500) so you might end up having to borrow more than you need if you go semester by semester.
After getting input from several people here, I'd suggest you make a spreadsheet to compare your options. Here's what to include for each lender: - Interest rate (noting if fixed or variable) - Any rate discounts for autopay or good grades - Origination fees - Repayment terms (years) - Monthly payment amount - TOTAL amount paid over life of loan - Deferment/forbearance options - Co-signer release timeline - Customer service ratings (check Consumer Affairs website) When I did this comparison, the differences between lenders added up to over $4,000 in total repayment costs for a $10,000 loan. So it's definitely worth your time to research thoroughly.
has anyone looked at those foreign universities that are completely FREE like in germany???? my cousins friend is getting her whole degree in berlin for almost nothing compared to US prices
One important thing no one has mentioned: if your daughter is using federal loans at an international institution, she must be enrolled at least half-time in a degree program that would be eligible for financial aid if it were offered in the United States. Also, make sure Trinity is on the Federal School Code List (which it is). Finally, remember that disbursement timing can be different internationally - sometimes this causes cash flow issues for families. I suggest setting up a meeting with both Trinity's international student finance office AND a FAFSA advisor to make sure all the paperwork is properly aligned.
Thank you for mentioning the disbursement timing - that's something I hadn't considered. I'll definitely set up meetings with both offices. Do you happen to know if the CSS Profile is also required for Trinity or just the FAFSA?
my cousin waited 2 days after processed and my other friend waited like 3 weeks so who knows lol. the whole things broken this year
UPDATE: I finally got through to someone at FSA! Turns out there was a verification flag on my application that wasn't showing up anywhere on the portal. I had to submit my parents' 2023 tax transcript and W-2s. The agent said once those are reviewed, my SAI should be generated within 3-5 business days. Just wanted to update in case anyone else is having similar issues. Always call and check if you're not seeing your SAI within a week of the "processed" status!
Thanks for the update! This is unfortunately a common issue with the new system - verification flags that don't show up on the student portal. For anyone else reading this thread: about 30% of all FAFSA applications get selected for verification, and many students don't realize they've been selected because the notification system isn't working properly. Always worth calling if you don't see your SAI within 7-10 days of the "processed" status.
Luca Esposito
File them as separate complaints to make sure each issue gets proper attention. And one more suggestion - the PSLF Waiver that ended in October 2022 had provisions that might have helped your situation, but there's a lesser-known program called the IDR Account Adjustment that's still ongoing. This adjustment is reviewing accounts and may retroactively count some periods of forbearance/deferment toward forgiveness. \n\nThe deadline for consolidation to benefit from this has been extended to April 30, 2024, and you don't need to take any action if your loans are already Direct Loans. This could potentially help with some of your time in default as well.\n\nYou can read more about it here: https://studentaid.gov/announcements-events/idr-account-adjustment
0 coins
Zara Ahmed
Thank you so much! I hadn't heard about this IDR Account Adjustment at all. My loans are already Direct Loans so it sounds like I might automatically benefit from this. I'll read up on it right away.
0 coins