What to Do After Submitting the FAFSA - Summary, Corrections, Award, Appeals
The College Funding Coach
We provide families with world-class education on the complexities of saving and paying for college.
News & Notes
1)?What happens after you submit the FAFSA? The student should receive an email confirming that the submission was successful. Most students/families should have some preliminary info in this email, including an estimated student index. Your official FAFSA Submission Summary will likely be available by mid-March. For more information, here are two great resources to bookmark:
If you still haven't submitted the FAFSA, here are some pro tips right from the source!
2)?Have you mapped out your financial aid appeal yet? Need help? Our financial aid appeal webinar recording is now available. Watch for free.
Additionally, here's a great financial aid appeal guide from Going Merry.
3)?Did you make a mistake on the FAFSA? Need to make corrections?
There are two things you need to do:
- Notify each school you applied to of the mistake (especially if the mistake affects your Student Aid Index!).
- Make corrections, if applicable, after your FAFSA processes.
If you have further questions,?ask the Federal Student Aid (FSA) Office for help. You can reach them at [email protected] or the FAFSA phone number at 800-4-FED-AID.
4) Here's a full list of colleges that have pushed back their deadlines due to the FAFSA delay.
Some colleges are even asking families to fill out their own financial aid forms so that they can package a financial aid estimate much quicker than the FAFSA will allow.
5) MIT, Brown, Dartmouth, and Yale have reinstated their standardized testing requirements.
Looking for a good test prep program? PrepScholar is currently offering a deal on its SAT and ACT online programs. They are also offering bonus hours if you sign up for 1-on-1 tutoring.
6) Our financial aid calculator has been updated to reflect the "inflation fix" the DOE made. Check it out here.
7) For those students just beginning their college search or trying to choose the "right college:"?It's Not About College, It's About You.
Next TuitionCents Specialty Webinar:
How to Read Your Financial Award Letters
Register for free:
Thursday, March 21st, 7:00 PM - 8:00 PM EDT
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Updated Blog Post!
Author: Brock Jolly
In total, almost 45 million Americans owe about $1.75 trillion in student debt. About 70 percent of college grads have student debt when they graduate. The?average debt among 2021 graduates (bachelor recipients) at all nonprofit colleges is about $29,000.
These statistics may look really scary, but the story is more complicated than “everyone’s crippled by their undergraduate student debt.” For example, student loan statistics are skewed by the small percentage of borrowers who owe over $100,000 and the fact that graduate borrowers tend to borrow MUCH more than undergrads.
That said, you should not take out loans until you have exhausted all other options. Why borrow money for college when you can get other people to pay for it?
There are so many other strategies you can employ before taking on debt!
Upcoming Private Scholarship Deadlines
Direct links to a handful of smaller private scholarships. Pulled from sites like Scholarship Owl and Going Merry.?
March 15: Pilot International Scholarships
March 15: Eye Associates Scholarship
Other College Funding Content to Chew On
What Does an SAT Score Mean Anymore? (NY Magazine)