Does It seem Suspicious.... +(finaid chances)

Paying for College
1

<p>My mom is divorced, and she has two dependents so that is 3 people in our household.
She got laid off back in 08, and has had difficulty finding employment for the past year so she has no W-2 but rather a 1099 from a job she took on the side. (not much probably 15K).</p>

<p>We’re living off savings now about ~20K and dwindling, we own our home, about 290K market value and its paid off. We live a moderate life-style so no outstanding car payments or any credit debts. (why we can survive in this economy)</p>

<p>I work a bit to supplement our income with only about 300 EFC (my savings < 2K)</p>

<p>I received a review notice from one of my colleges today to send in 1040s, would they find this hard or unbelievable? </p>

<p>Also would this hurt my chances for FinAid? What would i expect towards financial aid?</p>

<p>(midsize tier 1-2-3 public state univs)+(Basic student- decent stats not outstanding)
(3.7~, 10aps, 1300 sat CR+M, II US700, 680CHEM, 630MI, some extras-job-, limited volunteer, first gen, asian, ect. ) </p>

<p>Thanks~</p>

2

<p>Asking for copies of tax documents is routine. It happens to about 30% of applicants. Sometimes it’s just random who gets selected. The school is required to do these verifications by the government. Just send them what they ask for. It’s nothing personal. If your numbers are reported accurately, it won’t affect your aid award.</p>

3

<p>Don’t worry … your situation is not unusual. The school just has to collect & review your information. If there are further questions, the school may ask for additional info. This still won’t mean they don’t believe your situation. It’s just routine.</p>