<p>Will we need to re-apply for aid each year? Do we have to re-submit financial aid forms, etc.? Or is the amount we were presented in the award letter a fixed renewable amount?</p>
<p>You have to reapply each year with updated tax forms and everything. As long as you don’t become a millionaire overnight you should be fine, though. They say your award tends to stay the same from year to year as long as your income remains about the same.</p>
<p>Yes. You’re supposed to update your FAFSA and CSS Profile forms every year. And submit a copy of your parents’ W-2 forms. Deadline for FAFSA is typically in March. CSS and W-2s are typically submitted in mid-April.</p>
<p>Ohh, all right. Thanks! :)</p>
<p>D tried to accept her Stanford financial aid online, but AXESS (or whatever it’s called) wouldn’t let her. Is this because it’s not possible to do yet, or is there something wrong with her account?</p>
<p>TheGFG - </p>
<p>Financial aid has been awarded, but it hasn’t been officially dispensed. This will happen closer to the start of the semester. Then you will be able to accept the award. This is how things were at my sister’s college, at least.</p>
<p>Well, her coach told her that now was the time to decline her athletic scholarship in favor of the better FA package (which she did), so I hope there’s no risk of the package changing much. Is there a risk of a change other than to adjust for outside awards?</p>
<p>The GFG: My son’s FA got a little bit better from freshman year to sophomore year. Our family income on FAFSA and Profile remained pretty much the same both years, while our assets took a hit the second year. I have only heard (and experienced) that FA packages remain just about the same, provided that income/assets don’t change much.</p>
<p>I think it’s good news for your D that her FA is better than the athletic scholarship. This way she won’t feel obligated to remain on the team, with all of those obligations, if she should for any reason want or need to quit. My son spends LOTS of time studying. He gets a great deal of exercise, though he is not on a team, and he likes being able to fit it in whenever it is most convenient for him, not on a rigid team schedule.</p>
<p>Congrats to your D! My son LOVES Stanford and is thrilled to be there, and I hope your D will feel the same.</p>
<p>I have another question: what do we do to report a scholarship from a private organization? I remember Stanford wanted students to report them, but I don’t remember how.</p>
<p>go to the financial aid website
there is a form to report outside scholarships.</p>
<p>[Forms</a> : Stanford University](<a href=“http://www.stanford.edu/dept/finaid/site/forms/index.html]Forms”>http://www.stanford.edu/dept/finaid/site/forms/index.html)</p>
<p>only the 2009-2010 form is online, but I would assume the 2010-2011 form will go up soon.</p>
<p>All right, I’ll check that out; thanks! :D</p>