Help please. EFC changed from 667 to 2371?

vibian
Tue, 25 Jun 2013 17:20:57 +0000

No one in my family ever done this before so I’m really confused. My EFC was 667 before and we had to do verification. They asked for W-2 forms from my parents, but they are self employed so they don’t have those forms. However, my parents contacted their accountant and he gave us a 1099 to send to the school. I then sent the 1099 form in and the school told me that they didn’t need it. They asked me to send a signed note in saying that my parents didn’t have W-2s forms. So I did, and received a email saying that my fafsa was being corrected with this reason: “we updated your parents’ wage amounts since their earnings are reported on a 1099 form and this does not need to be reported in this field.”

So I waited for two days and then received the corrected fafsa with an efc of 2371…! My parents income were changed to $0’s even though they did worked. Why did this happen? Can I do something about this? :\ Thank you.