If any of the below information is wrong, you should make the appropriate corrections:. The best option depends on several factors, including how you submitted your original application, what needs to be changed, and why the changes are occurring. For many, the easiest option is to make the changes online. Please keep in mind that you must have this ID to make any changes online to your application. Your college uses your FAFSA calculations to put together a package that can include not just federal aid, but also funding from your college, state, and local governments, and private scholarships or lenders.
Much of this aid is granted on a first-come, first-served basis and funds sometimes run out , so getting in early improves your chances of receiving aid while funds are still available. Take time to carefully review all prefilled fields to ensure they are correct, and update information as needed.
Maybe you have moved or need to change your status to independent because you got married or are now older than Financial information is not prefilled on the Renewal FAFSA, so you may need to provide any requested financial details, such as income information from the tax return two years prior from the start of the school year for which you're requesting aid. The FAFSA uses information from the tax year, for example, and the will ask for your tax information.
You may also be asked to provide details about assets, such as your savings and checking account balances. However, many undergraduate students are considered dependent students, which means that their student aid is calculated with the assumption that their parents are providing them with monetary support.
They will review and update their demographic details such as marital status, household size, and state of residency. They also may need to provide updated financial information on income or assets, and add or import their tax information as prompted by the FAFSA. One of the last steps is to provide the FAFSA code for your college, so your application information will be shared with your school.
Dependent students must have the parent that completed the form sign too. Once you provide any documentation requested by the college, the financial aid office will review your case. You'll be able to pick the situation that most applies to you and build your letter from their templates.
What we CAN tell you is that we are in touch with MDE, IHL, Community College board, and individual college admissions and financial aid staff, and they are all paying attention to the concerns of their students. We are encouraged to see how institutions are supporting their students in this time of need. Any changes to your dependency status if you are expecting a child, for example except a change in your marital status.
Contact your school about what to do if your marital status changes. If you want to add different schools, you can replace schools with new ones after the fact. Here is a list of the Federal School Codes available. You can make updates online, or you can write in corrections or updates on your paper Student Aid Report , the form you received after completing the FAFSA that lists your expected family contribution. If you run into difficulty, contact your financial aid office, which may be able to make changes for you.
Make sure to enter all information to match your tax return.
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