<p>I’m parent of a student starting fall 2010. One college the student applied to doesn’t tell you if you’re admitted until March 15th. Our family income will actually be 6% lower for year 2010 because of furlough days, etc. This is not something I could explain on FAFSA. Should I wait until we get the first financial aid offer from them?
Would it save time and effort to let them know this even before I know student is admitted?
Will the lower income be a factor in aid for year 2010-2011?</p>
<p>Students normally receive their aid packages at the same time as their letter of acceptance. Send the information now. If you wait, the money may be gone.</p>