Yes, my daughter logged on last night and was able to find it.
Basically from last year’s EFC to the first SAI, we went down about $2000 and from first SAI to the updated SAI we went down about another $2000 - so a change of approx $4000 from last year. I’ll take it. (Her school met need last year, so I’m hoping they will again this year.)
Maybe this is a dumb question but does a status of “Processed” mean it’s actually been sent to the schools that were listed when it was submitted? Or just that it’s ready to be sent?
We got the following in an email from one of S24’s schools which was not super encouraging:
Most recently, a news segment reported that 2024-2025 FAFSAs have been processed by the U.S. Department of Education and sent to colleges and universities across the country. The news segment is accurate in that the industry is beginning to receive processed records. However, it is on a very small scale.
During this testing phase of the FAFSA file transmission to colleges, the U.S. Department of Education is being very intentional on sending processed batches that contain only a small number of student files. At the University of Albany, we have received one processed file containing very few records.
I agree. This one was for D24. I just signed in to S22 and his was submitted 1/6 and it processed yesterday. I was a little less concerned about his because he is already set at his school. D24 I need processed so we can send it to more schools that she applied to where she is still waiting on decisions.
My son just received an email from the financial aid office at one of the colleges he was sending the FAFSA to…
In it, the office states that he has missing info (signature) that needs to be included before it can be reviewed, and that he needs to make the corrections and instructs him how to do it.
We know all of this, BUT, cannot make any freakin corrections as of yet! My concern is: why does the school have this incomplete FAFSA?? I thought schools wouldn’t receive anything until changes were made/ signatures added etc? I AM SO CONFUSED.
Just a thought … are you certain that it is referring to a missing signature from the FAFSA submitted? Or could it be a missing signature from a copy of taxes submitted? Since some schools require signed copies of income taxes, but most tax submissions are non-signed electronic copies, they often get rejected by FA depts and signed copies required instead. That happened to us for several schools, but the requests came early in the process through IDOC.
The school is aware that the signature is missing because that information is available to the school. But because of the missing signature, no actual FAFSA information is available to the school. So the school is doing you a huge favor by reaching out to you to let you know that once the FAFSA is made available to students for updates, you will need to provide a signature … and they tell you exactly what you will need to do. This is a great financial aid department! They are on top of things. They are prepping to make things as quick and smooth as possible once the FAFSA is ready for updating.
What if it just doesn’t get done? I mean, what’s the plan b? Do a Covid-level give-away and send a max Pell Grant to ever college student in America? That’d cost about $150 billion. Don’t give one to anybody? Schools will close.
I have to wonder as I highly doubt this will get done. And what of the college yields? How many students have several decisions out waiting on this info?
But aren’t Pell Grant-eligible kids a small fraction of the student population? And of course, more concerning, are the Pell-eligible kids the ones who aren’t filling out FAFSA this year?
It will get done. Everything will be behind this year, but the financial aid community is comprised of dedicated, professional people who will bust their behinds to make it happen.
Thank you for the clarification! You have put my mind at rest…for now…lol! This has been a trying application process on all fronts and I’m just tired. Looking forward to putting it behind us.