Am I completely screwed?

[snaggletoof]

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I just found out that March 1st was the fafsa deadline for my school. HELP, any suggestions on if there is anything I can do?

 

[Sauce]

I just found out that March 1st was the fafsa deadline for my school. HELP, any suggestions on if there is anything I can do?

Probably not completely.

Fafsa if I am not mistaken sends stuff to the schools in batches much like how AADSAS does it. Your school just probably wants to get stuff back from government ASAP so that they can get financial aid packets put together.

Also your school likely is still accepting people after their March 1st deadline and I doubt that they would give those people the shaft. Definitely call the school and tell them you screwed up and they will probably work with you.

 

[s2agrado]

Not at all...those "deadlines" are for priority filings...meaning, if you get it in before their "deadline" you're more likely to get subsidized loans...but since stafford subsidized loans are capped at around 8500, it doesn't really matter--assuming where you're going costs more than 8500, an extra 8500 in unsubsidized loans will not kill you.

Bottom line, you'll still get your money no matter what...don't sweat it.

 

[sfrice80]

Kind of reiterating what others said but March 1st is their preferred date, that means you are giving yourself the best possibility of receiving the most aid for the year. Depending on your financial status and that of your parents income, you may actually qualify for up to $40,000/year in subsidized loans. You have the option of putting your parent's information, even if you are over 24 years old. If they really didnt make a lot of money and still dont, you have a shot at that but I heard its pretty rare, your parents really cant make a lot of money and its usually all or nothing. Meaning, you will qualify for the full $40K/yr in subsidized or just the $8500 cap or none at all.

Lastly, to answer your direct question, no, you are not completely screwed, good luck!

 

[snaggletoof]

thanks all for your input, it is much appreciated.