I realized that I have been making the same mistake on my FAFSA applications for the past 3 years.
So let me explain my situation. My parents have been divorced since 2011, and I lived with my mom till about 2015. Sometime in 2014 or so, my mom and I opened a joint bank account. For about a year or so, we have been using this account to get payed, pay our bills, etc. But sometime in 2015, I moved in with my dad and opened up a new account for myself at a different bank, and I did not take my name off of my old account. I stopped using my old account for personal reasons. The only time I would use my old account to pay for stuff would be when my mom told me to go to the grocery store and buy stuff for her. I started college in the fall of 2017, and when I was filling out the FAFSA application for the 2017-2018 year, I did not declare the money that was on my old account because I didn't consider it mine. The money on that account was my moms, but the account was still jointly owned by my mom and me. I put down my dad as my custodial parent on my 2017-2018 FAFSA because I have been living with him at the time. And then in early 2018, I moved back in with my mom. So when I was filling out my 2018-2019 FAFSA application, I put down my mom as my custodial parent. This time I declared the money on my moms account as her asset. And did this again on my 2019-2020 application. I did not declare any of this money as my money because I did not consider it to be my money. So did I make mistake by doing this? Is it possible for me to fix this mistake? Should I contact the department of education? I'm kinda freaking out about this because I'm worried that I may have been breaking the law all this time. I think I can still make changes to the 2019-2020 application, but I'm not sure if I can edit the previous two. Please help. Thanks.29 replies
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