Applying for FA after first semester of college?

Parents Forum
1

<p>I didn’t apply for FA because my sister was not granted any when she applied for FA, but I feel like I should at least try. When is the earliest I can apply for FA? And, if FA works out for me, do I reapply for FA after each semester or each year, etc? Thanks!</p>

2

<p>If your sister is still in college, you both should have applied for FA because your financial picture is going to look very different with 2 kids attending school. </p>

<p>For example if your sister had a $40,000 EFC making her a full paying students, baring any significant increases to your familiy’s income/assets that same $40,000 EFC would have been split by the 2 of you, each of you now having a financial need that could have been fulfilled by your respective schools.</p>

<p>It depends on your school’s policy (read the FA policy at all of your schools).</p>

<p>At some schools if you do not apply freshman year, you will not be eligible in subsequent years unless you have a major change in circumstances.</p>

<p>If you did not apply this year, unless you have had a major financial change in cirumstances, you will have to wait until next year.</p>

3

<p>Oh, but it’s not too late for the sister to apply for finaid! Sibling in college - that IS a major change… If she is still in college, encourage her to apply (most colleges have April deadlines for continuing students)</p>

4

<p>I agree with marmat, that your sister definitely should apply for FA, ASAP as that may definitely decrease some of the financial burden on your parents now that the 2 of you will be in school.</p>

5

<p>The interesting thing is that as soon as I start (fall 2006), she will have graduated! Will that make a difference at all?</p>

<p>Also, do most schools allow students to apply for FA even if he/she did not apply for it for freshman year?</p>

6

<p>If she will be finshed, then it will not help your cause because. </p>

<p>However, I still think that you should file the FAFSA (today), because at worse case you will know if you are eligible for stafford loans. </p>

<p>I also think you should still file the profile (today) because you just never know. The worse case scenario, you get nothing (you are already operating from that assumption), but any few dollars you may get would be gravy.</p>