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That's a good suggestion - I'll definitely check the SAI when it comes through. Is there anything specific I should look for to know if there were issues with the processing?
so wait does a lower SAI mean more financial aid or less? i get so confused with all these numbers lol
Lower SAI = more potential aid. The Student Aid Index (formerly EFC) is used to determine your financial need by subtracting it from the school's Cost of Attendance. So a $5,000 decrease in SAI could potentially mean $5,000 more in need-based aid, though each school has its own policies on meeting demonstrated need.
I submitted mine like a month ago and the website still shows the old Student Aid Report (SAR) from last year instead of the new one...anyone else having this issue? My college's deadline is coming up soon and I'm getting worried they won't get my new info in time.
my school sent me to collections last year cuz my verification took too long and financial aid didnt come thru before the tuition deadline!! make sure u talk to the billing office if ur aid isn't processed by the payment deadline!!
Quick update on verification timing - most schools process verification documents within 2-3 weeks, but it can take longer during peak periods (which we're in right now). Call your school's financial aid office and explain your situation with the tuition deadline. Most schools have a process to place a temporary hold on your account while verification is being processed. They don't want to lose students over processing delays, so they're usually willing to work with you on this.
UPDATE: The Department of Education just announced this morning that the correction functionality is now available for all FAFSA applications submitted before February 15th. If you submitted after that date, your correction access will be available within 7-10 days after your initial submission processing date. When logging in, make sure you're using the updated studentaid.gov portal and not an old bookmarked page. The correction button appears on your FAFSA status page under "Application Options.
THANK YOU! Just checked and it's there now! I can finally fix my parents' income reporting issue. Such a relief!
Anna Stewart
THIS 100%!!! My sister went to one of these "FAFSA consultants" and do you know what their big secret advice was? APPEAL YOUR AID PACKAGE! Like that's some kind of hidden knowledge lol. Total waste of $250 for advice that's literally on every college website.
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Lucas Turner
•yep same experience! their "secrets" are all just basic financial planning that anyone can google. the only people who should pay for help are those with super complicated situations like owning businesses or having multiple properties
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Layla Sanders
One thing I haven't seen mentioned: these FAFSA optimization services rarely understand the nuances between different colleges' institutional methodology. The federal methodology (FAFSA) is only part of the equation. Many private colleges use institutional formulas that consider assets differently. What works to maximize federal aid might not help (or could even hurt) at certain private schools. This is why one-size-fits-all FAFSA services often disappoint - they're not customized to your specific college list.
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Nathan Kim
•That's a really good point I hadn't considered. My daughter's applying to a mix of public and private schools, so I guess what works for one might not work for another. Seems like these services are even less valuable than I thought!
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