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UPDATE: Relieved to share that nothing changed with our aid package! I checked again today and everything is still showing as processed with the same SAI. The financial aid office confirmed they haven't received any updates or verification requests. Thanks everyone for the help and information - this forum saved me a lot of stress and unnecessary phone calls!
@profile5 - It's not too late to appeal for 2024-25. While some institutional aid might already be allocated, federal aid like Pell Grants can still be adjusted, and schools often hold back some of their own funds for situations like yours. Contact your daughter's financial aid office immediately. One more tip: when documenting income reduction, provide a simple table showing: - Pre-reduction annual income - Post-reduction annual income - Total projected income for the full relevant year This makes it easier for financial aid officers to understand and process your request. Many families just submit documents without clearly showing the bottom-line impact.
This whole system is ridiculous! My daughter just started college and we had to hire a financial aid consultant for $350 just to figure it all out. Even with professional help it took MONTHS to get everything sorted. Good luck with next year's application!!
my daughter had this same issue but with like 5 SCHOOLS lol. what we did was put deposit at her top 2 choices only, then when all the aid packages finally came in we just lost one deposit. cheaper than paying all 5. you could also try askin the june 1 deadline school if they can get u the package earlier so u can decide on the may 15 schools?
Just to follow up - I recommend you check if any of these schools subscribe to the National Candidates Reply Date Agreement. If they do, they're supposed to give you until May 1 to decide AND provide your complete financial aid package well before that. The fact that a school told you outright they won't have aid info before their own deadline is concerning and potentially against this agreement. You have legitimate grounds to request an extension based on this alone.
Update: I got extensions from both May 15 schools! The first one gave us until May 25 and the second until May 29. The second school's financial aid office apologized for the delay and said they're overwhelmed with the new FAFSA system this year. At least now we'll be able to compare all three offers before making a decision. Thanks for all the advice everyone!
Just make sure she actually did fill everything out correctly tho. Not to be a downer but if there was a mistake and they catch it later, they could reduce her aid or even make her repay it. Double check all the indepedent student questions to be 100% sure.
One more thing - with a negative SAI, make sure your daughter still applies for scholarships!!! Some people think they don't need to with good FAFSA results, but every bit helps. And some scholarship money can be used for living expenses after tuition is covered!
Evelyn Kelly
Glad it worked! Side note - manually entering tax info instead of using the data transfer tool can sometimes increase your chances of being selected for verification later. If you receive a verification notice, don't panic - just respond promptly with the requested documentation.
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Kingston Bellamy
Oh no, I hadn't considered that about manual entry! If we do get selected for verification, I'll make sure to respond quickly. Thanks for the heads up!
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