Ours still says In Review. Submitted on 1/4. So frustrating!
This probably isnât super helpful, but ultimately it doesnât matter. You canât add schools for another couple of weeks, and all financial aid offices know. The schools Iâve spoken to wonât even begin to process any FAFSA applications until after 4/1. Once processed, youâll see in the summary what schools were included, and beginning in April, there will be an âactionâ button in the upper right corner to add schools.
Good luck
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Looks like my FAFSA was processed on the 15th, but seemingly Iâm missing a signature somewhereâŠ
I guess Iâll be joining the queue for FAFSA edits whenever that opens up in the near future, so I can sign it. Argh.â
ETA: Submitted my FAFSA on 1/2/2024
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Submitted on 1/8 , once login at Dashboard says In Review but when we click on it which displays form opened and submitted dates at the bottom says processed. But there is nothing at MY Aid on our Dâs account ⊠this is ours first-time FAFSA experience.
Yeah Iâm guessing no aid letters until mid April at the earliest.
If you are adding schools those might come even later.
With recent news that FAFSA applications are down 2/3 compared to last year at this time, thereâs a good chance that a flurry of last minute submissions will stress the system even more.
Thank you. With grad school decision dates looming, Iâm just not sure how this will all shake out. One school (Bard) was smart enough to ask for a copy of the email with the studentâs SAI so they at least have something to work with in the interim. Other schools are asking for decisions no later than 4/15 when itâs highly unlikely all scholarship/grant/aid offers will be in before then. Sorry for venting â it stings that so many will possibly make ill-formed decisions because of these delays.
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I havenât heard of any school with this deadlineâŠis this for grad school? If a school does have this deadline, ask for an extension. I canât imagine an extension not being granted this year.
For whatever reason, if a student makes an enrollment deposit and then changes their mind based on a new or updated FA package from another school, they can reneg on the first school and deposit on the second. Although they may lose their first deposit.
Submitted 1/3
Processed March 15th!
Online corrections are not available yet though.
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Yes - grad school. Thanks for the tip. Fortunately one scholarship came in today that might tip the scales but if/as there are changes itâs good to know there are options. Losing a deposit isnât great but itâs also not the end of the world.
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My FAFSA processed! We submitted 1/5.
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Not all grad schools have need based grants based on FAFSA. If they donât, it doesnât matter when your FAFSA is processed ⊠youâll be eligible for $20,500 in unsubsidized loan & youâll be eligible for a grad Plus loan. Maybe some work study. Before you stress, make sure that the FAFSA actually will make a difference in terms of aid. (I worked at a grad school that did have grants based on FAFSA information, so I know that some schools do. But because many donât, itâs important to double check.)
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UIUC just released an email notification that they have extended their enrollment decision deadline to May 15. They noted: âIf youâve applied for federal financial aid or are still planning to do so, we want to ensure that you and your family have enough time to make an informed decision regarding your college choice after receiving your Financial Aid Notification.â
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We finally submitted FAFSA last week. The SAI my D received was significantly lower than our EFC the previous two years, despite the fact that our income went up pretty significantly in 2022 vs 2021 (by $10k). My D attends a CSS school so it likely wonât make any difference (home equity kicks our EFC up there) but wondering whether it was a happy surprise or likely we entered something incorrectly. Have others also seen their SAI/EFC fall with the new form? We are not Pell grant eligible, although without home equity our assets are relatively minimal (but not zero) and our EFC/SAI is comparatively low
I would expect that many (most?) people would see their SAI come in lower that previously calculated. The reason behind this big delay is that there was new legislation that was designed to enable students to qualify for higher levels of financial aid. When the Education Department was developing the new, supposedly âeasier to useâ FAFSA system, they forgot to update the eligibility tables/algorithms. It wasnât discovered until in the final stage of testing before rolling out the new system. Then, there was the thought that theyâd simply roll out the new system without correcting the eligibility issue; delaying the fix until next year and artificially constraining this yearâs students. When advocacy groups got wind of this, they put a lot of pressure on the Education Department, which finally agreed to implement the fix. But, of course, his has resulted in the delay that we are now seeing. The good news is that everyone is in the same delay boat and that most people will be eligible for more aid than they would have been awarded if the Department of Education proceeded with itâs initial intent of punting until next year.
Both of mine are now processed and the SAI went down around $5000. Both are going to CSS profile schools so it shouldnât make a difference.
Thanks. Yes I was aware that those who filed earlier got higher SAIs than they should have, but that was corrected before we filed last week. The difference Iâm seeing is for the 24/25 school year over the EFC for the 23/24 and 22/23 school years (which were consistent with each other) - but from what youâre saying maybe that was also by design - that despite our increase in income we should expect to have a lower SAI this year. Which is of course great news, even if negated by CSS in part (and hopefully not in whole).
Mine finally says processed, but I canât find the SAI. Is there some trick to finding that?
Your kid got it in an email
Ah, I thought I was supposed to be able to see it somewhere on the dashboard.
Mine never got an email. It was at the website, I a summary report.