FAFSA Financial Aid Blog

FAFSA Verification

 -  A FAFSA Verification is basically an audit of your information. Either the Department of Education or the school can request a verification from you.

Correcting FAFSA Errors

 -  Generally speaking, a student cannot update information, such as income or assets, that was correct as of the date the application was signed. However, three items—household size, number in college, and dependency status—must be updated in certain circumstances.

Fraud and the FAFSA

 -  If you suspect that a student, employee, or other individual has misreported information or altered documentation to fraudulently obtain federal funds, you should report your suspicions and provide any evidence to the Office of Inspector General.

What is Considered Untaxed Income and Benefits?

 -  The term "untaxed income" means any income excluded from federal income taxation under the IRS code.

Should I appeal my financial aid package?

 -  After you file your FAFSA and receive your financial aid package from your school either you or your parents might be unhappy with the results. When this happens your first instinct might be to write an appeal to the financial aid office. While this might be the right move in some situations other people should think twice before making a call to the college.

Mailing Your FAFSA

 -  How long does it normally take to process when you mail in your FAFSA application?

Confused about financial aid?

 -  If you are a parent of a prospective college student, or a prospective college student yourself, you should be starting to think about financial aid. You have probably heard people around you talking about FAFSA, Stafford loans, Pell Grants, scholarships, and alternative student loans. It might seem like you are the only one who does [...]

Graduate Loan Deferment

 -  The day you can hoist your graduate degree overhead will be a proud day no doubt, but then the reality sets in. How much did I borrow for this piece of paper exactly?

Can a Power of Attorney Sign my Stafford MPN?

 -  Yes, a third party with power of attorney for the borrower may sign a Stafford promissory note if the borrower is unable to sign.

FAFSA Applications

 -  These days most students complete their FAFSA application form online. However, you do have other options. Let's look at the three ways you can file your FAFSA.