Fafsa

[vette2k10]

Advertisement - Members don't see this ad

Hey so i am currently doing my fafsa now and my parents wont have their taxes filed until next month. since financial aid at the schools i am accepted to are conducted first come first serve is it okay if i use 2008's information then update it with 2009's info when that is available?

 

[flip26]

Hey so i am currently doing my fafsa now and my parents wont have their taxes filed until next month. since financial aid at the schools i am accepted to are conducted first come first serve is it okay if i use 2008's information then update it with 2009's info when that is available?

You need to estimate 2009 - surely your parents could provide you with their basic info...

Of course, if for them '09 looks just like '08, probably no harm in using '08 as the starting point.

 

[skeptic29]

So I recently filled out my fafsa and had it processed. Do I now have to contact the medical schools to determine how much aid/loans I'll be receiving? I tried to log in to my online fafsa but it doesn't say anything about the amount of loans approved.

 

[7starmantis]

You need to estimate 2009 - surely your parents could provide you with their basic info...

Of course, if for them '09 looks just like '08, probably no harm in using '08 as the starting point.

So if you estimate, do you go back in and change it once taxes have been done? Referring to both individual and parents info.

 

[Pills Of Soap]

any know if i should still fill out a fafsa now if i havent been accepted anywhere yet, or should i wait?

 

[7starmantis]

any know if i should still fill out a fafsa now if i havent been accepted anywhere yet, or should i wait?

Do it now, get it in so your not trying to get it in once your accepted. You can beat the rush and still get in before lots of others.

 

[FloatOn]

So if you estimate, do you go back in and change it once taxes have been done? Referring to both individual and parents info.

Yes, according to this quote

When you fill out the FAFSA in January, be sure to complete the one for 2010-2011 so that the school gets the info. In general it is good to complete it with actual asset info and estimated tax info early, allowing you to sort of save your place in line at the financial aid office. Then you go back and correct the FAFSA to reflect your precise tax return numbers once you have completed the return for the 2009 tax year.

from this thread: http://forums.studentdoctor.net/showthread.php?t=686340

It sounds like she knows what she's talking about and it makes sense.

 

[7starmantis]

Yes, according to this quote



from this thread: http://forums.studentdoctor.net/showthread.php?t=686340

It sounds like she knows what she's talking about and it makes sense.

Thanks, I couldn't find that thread again! 🙂

 

[lkorovin]

Well, for the FAFSA you would be applying as an independent anyway, so yo don't need to provide parental information. One of the things that determines your status on the FAFSA worksheet is if you'll be wourking on a graduate degree, including MD. Or did I not understand this correctly?

 

[7starmantis]

Well, for the FAFSA you would be applying as an independent anyway, so yo don't need to provide parental information. One of the things that determines your status on the FAFSA worksheet is if you'll be wourking on a graduate degree, including MD. Or did I not understand this correctly?

No, check out the linked thread above. Seems most MD schools look at parental info for need based scholarships and such.