M THE INSIGHT HUB
// media

What happens if you incorrectly fill out FAFSA?

By Matthew Martinez

If you think you filed a Free Application for Federal Student Aid (FAFSA®) form for the wrong year, contact your school’s financial aid office and confirm what year you need to file for. If you filed for the wrong year, then you’ll need to submit a new FAFSA form for the correct award year to be eligible for aid.

Why does my financial aid keep going down?

Common reasons for a change in the EFC include changes in income, assets, the number of children in college and non-financial information. Changes in the financial aid formula can also cause changes in the EFC. Errors on the financial aid application forms can also affect the EFC.

How do I fix a mistake on my FAFSA?

If you need to make a correction to your Free Application for Federal Student Aid (FAFSA®) form, you can log in at fafsa.gov using your FSA ID and select Make FAFSA Corrections. Once your correction is submitted and you receive a confirmation number, the correction will be processed in three to five days.

How many times can I correct my FAFSA?

When you submit the FAFSA you can list 10 schools at a time. If you want to add different schools, you can replace schools with new ones after the fact. But if you make additional changes afterward, the removed schools won’t receive any updates. Here is a list of the Federal School Codes available.

What to do if you cant fill out FAFSA?

If you find the FAFSA daunting (as so many students and families do), don’t be afraid to ask for help. “Don’t go it alone,” advises Ajamu Clarke, program manager for DC public schools at the DC College Access program, which helps low-income students apply to college.

How does a parent fill out the FAFSA form?

If you are a parent completing the FAFSA form for your child, follow these steps: 1. Create an account (FSA ID). An FSA ID is a username and password you use on Federal Student Aid websites such as fafsa.gov and StudentLoans.gov. If your child is considered a dependent student, two unique FSA IDs are needed to complete the FAFSA form online:

What should the line numbers be on the FAFSA?

Here are the tax line numbers you should reference when asked this question. If you didn’t file taxes, you should enter zero. * If you’re a dependent student, the value of any college savings accounts should be reported as a parent asset, not a student asset.

Why are so many students not signing the FAFSA?

So many students answer every single question that is asked, but fail to actually sign the FAFSA with their FSA ID and submit it. This happens for many reasons, maybe they forgot their FSA ID, or their parent isn’t with them to sign with the parent FSA ID]