<p>Is it absolutely necessary to update the FAFSA form?</p>
<p>If our family doesn’t update it, will we get penalized?</p>
<p>Depends on what you need to update. Some info is not that relevent.</p>
<p>The gross income?</p>
<p>It would be a good idea to submit that change online. The reason is because the Davis financial aid office randomly selects people for verification. If you happen to be randomly chosen for verification, then they might give you beef when they find out the income data you reported doesn’t match. </p>
<p>So just go to the FAFSA website and update the info. There’s a link on the front page to make corrections. It’s a simple 5 minute process.</p>