Should I send in my paperwork?

Paying for College
1

<p>I appealed my financial aid package to Syracuse and this was the email I sent them. </p>

<p>“I was wondering if there is anyway for me to get any more financial
aid. My EFC was around $4000 and I only got $7,500 to attend Syracuse.
My family has two pay off two mortgages which the FAFSA doesn’t take
into consideration. It’s one of my top choices and I can’t afford that
much. My name is Patrick Zielinski and my SUID is #@###@$#$@. Thank
you.”</p>

<p>“On your CSS Profile, your parents listed $900,000 investments as well as
a second property value of $400,000 (this is an asset). This
information was not reported on your FAFSA application under
investments. If these are accurate, they need to be reported on your
FAFSA application. Please discuss with your parents your applications
to determine what these assets/investments are. This has to be
determined before we can consider additional aid for you. If you feel
that these are reported inaccurately, you will need to provide tax
returns and W2’s and investment statement for review. Again, you will
need to speak with your parents to assist you in obtaining these
documents.”</p>

<p>Should I send in the stuff. U of Delaware is my first choice and I only got 7,500 from them so I want to keep my options open.</p>

2

<p>Are you saying that your parents have investments worth $1.3 million, that you didnt report on the FAFSA?</p>

<p>I’m not judging you.</p>

3

<p>No, on the CSS it didn’t tell me to subtract mortgages and etc from assets so I put up the assets we had. On the FAFSA it clearly stated that we had to subtract the mortgages and etc from the assets and I did that. So it was a mistake on my part.</p>

4

<p>Then submit the documentation which provides enough evidence to prove that your FAFSA information is correct and your CSS information was incorrect. Otherwise, the next line from the FA Office will be “Too bad, so sad.”</p>

5

<p>Wait…if Syracuse uses the Profile…won’t they consider the equity in the primary home PLUS the value of the secondary home in awarding finaid? I thought that schools viewed second homes especially as expendable assets…that could either be sold or mortgaged to fund college expenses.</p>