Update: I finally got through to the financial aid office! They agreed to give me an unofficial estimate by the end of this week (still 5 days before deposit deadline) AND said they'd consider an extension if the estimate doesn't come through on time. The counselor also confirmed that making a deposit doesn't impact aid calculations at their school - she said those numbers are already determined based on our financial information. Feeling much better now!

i paid a deposit last year and then still negotiatied aid when the package came. showed them better offers from other schools and they matched! dont be afraid to ask for more $$$

has anyone heard if theyre changing the SAI formula again this year?? last year my daughter's SAI was completely different than her EFC would have been and we got way less aid than expected. the whole new system is so confusing!!

Thanks everyone for the helpful information! I'll plan to have everything ready for October 1st but won't panic if there are delays. I've already created FSA IDs for myself and my son, and I've bookmarked that Claimyr service just in case we run into problems. I really hope they've actually fixed the issues this time - last year was so stressful waiting for financial aid packages to come through at the last minute.

Been trying to call Federal Student Aid to ask about book stipends for DAYS and kept getting disconnected or waiting forever. Finally tried Claimyr.com to get through to a live agent and it worked! They got me connected to an FSA agent in about 20 minutes who explained exactly how the book allowance works with my aid package. Saved me hours of frustration. There's a video showing how it works at https://youtu.be/TbC8dZQWYNQ if anyone else is struggling to get answers directly from FSA.

To give you a complete answer: The portion of aid intended for books is calculated into your total Cost of Attendance (COA), but it's not specifically earmarked as "book money." Your financial aid package is designed to help cover your entire COA, which includes estimates for books, supplies, transportation, food, housing, and personal expenses. These are your main campus resources for book assistance: 1. Financial Aid Office - Can explain your full aid package and if you're eligible for additional aid 2. Student Success Center - May have emergency grants or book voucher programs 3. Department Office - Some academic departments have book lending libraries or scholarships 4. Campus Library - May have course reserves where you can use textbooks for free (limited hours) Also look into Open Educational Resources (OER) - some professors use free digital textbooks that could save you hundreds.

I just went thru this exact thing!!! My situation was reverse tho - I moved back TO my kid's college state and took over FAFSA from my ex who moved away. The residency stuff worked out fine but we had a NIGHTMARE with the contributor switch because my ex had linked his bank accounts to the old FAFSA and somehow we couldn't unlink them without him being present which was impossible since he moved to Alaska! We had to do a whole appeal process and my daughter almost lost her second semester aid bcause of the delays!!! Start this process EARLY!!!!!

One final note - your son should also check with his specific college's financial aid office about their process for documenting the change in which parent is providing support. Some schools require additional documentation to maintain in-state tuition when a parent moves out of state, while others will just need confirmation that the in-state parent is now the primary contributor on the FAFSA. It's best to get this clarified directly with the school to prevent any surprises with his tuition status.

I'm a bit confused about the numbers here. Are you saying you had $35,000 in unpaid interest that got capitalized? That seems extremely high unless your loan balance is well into six figures. Most IDR plans actually cover part of the interest to prevent excessive negative amortization. Could there be other issues with your account beyond just the missed renewal?

After reading all these comments, I'm getting flashbacks to my own nightmare with Navient when they transferred my loans to Aidvantage. The thing nobody mentioned yet is that the Department of Education actually released specific guidance about interest capitalization during servicer transfers in 2022. If your transfer happened after July 2022, they were NOT supposed to capitalize interest just because of the transfer itself. Pull up the FSA announcement from July 2022 about the new capitalization policies and specifically cite that in your complaints. The servicers hate when you know the actual policy documents!