FAFSA Financial Aid Online App>>>Questions????

[Doctor H]

Hey People....Yea it's me again.


A few questions about applying for financial aid online.



How long does it take for the app to be processed/approved?

Will FASFA notify me or will my school of choice(TESC) notify me?

Is there any that I need to know?


Thanx in advance.

[rebel100]

Have last years tax returns at hand. Though they will give you an option to "look the return up" that's the best way.

They will give you an estimate as soon as your done, email will be sent to you, report sent to your school. You can send the report to multiple schools....so if there is any chance you might pick a school I would send them a report...easier than going back through the process.

You will have to get a PIN number, the instructions are on the FAFSA website.

Takes 45 minutes to an hour.

[Tedium]

You can send the report to multiple schools....so if there is any chance you might pick a school I would send them a report...easier than going back through the process.

^Definitely that. It reprocesses every time you add or delete a school. FAFSA takes 2-3 days to process the application in their offices, they notify you when it's ready, then they send them out to your target school.

I don't remember everything taking this long the last transfer I did, but this is what COSC said in response to my question about it over the weekend: "In regards to your 2012-2013 FAFSA, we have yet to receive the results which can take about 2 weeks to be processed and results sent to our office." I'm not really sure who is doing the preparing in that situation, but that may be due to my evaluation and whatnot. Not sure, but it's best to contact TESC. I'm just giving you a worst case.

[jaspert]

Tax returns are no longer accepted as of the 12-13 school year. If you do not use the link to IRS option on the FAFSA and you are selected for verification; you will have to order IRS transcripts (this is new as of this aid year.)

FAFSA (signed with a pin) is typically processed in 24-48 hours and you will get an email of the results. However, the school will ultimately be the one to award the aid. With TESC, you will get an email when they get it and they will ask you to complete a short internal application for financial aid. Once all of that is done you should get an award letter within a week or so from TESC.