Quick FAFSA question regarding urgency Forum
- kalvano
- Posts: 11951
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Quick FAFSA question regarding urgency
I don't have my W2's yet for 2009 and haven't done my taxes.
Is there any reason the FAFSA needs to be completed before February / March? Do I risk losing out on anything?
Is there any reason the FAFSA needs to be completed before February / March? Do I risk losing out on anything?
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Re: Quick FAFSA question regarding urgency
kalvano wrote:I don't have my W2's yet for 2009 and haven't done my taxes.
Is there any reason the FAFSA needs to be completed before February / March? Do I risk losing out on anything?
Relax. No one has any of that stuff yet. Most people wont get it until jan 31st. You're fine.
- kalvano
- Posts: 11951
- Joined: Mon Sep 07, 2009 2:24 am
Re: Quick FAFSA question regarding urgency
That's what I figured, I just didn't know if there was any compelling reason to have it all ready to go and submitted within a couple days of receiving that stuff.
Thanks.
Thanks.
- existenz
- Posts: 926
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Re: Quick FAFSA question regarding urgency
Actually, you do want to have the FAFSA completed and submitted by Feb. 15th just to be on the safe side. I would not recommend sitting on it until March.
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Re: Quick FAFSA question regarding urgency
False. My FAFSA and need-based are completed/sent.Scurredsitless1 wrote:kalvano wrote:I don't have my W2's yet for 2009 and haven't done my taxes.
Is there any reason the FAFSA needs to be completed before February / March? Do I risk losing out on anything?
Relax. No one has any of that stuff yet. Most people wont get it until jan 31st. You're fine.
It's nice having a CPA in the family.
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Re: Quick FAFSA question regarding urgency
Did you really need a CPA to do that for you?Inygma wrote:False. My FAFSA and need-based are completed/sent.Scurredsitless1 wrote:kalvano wrote:I don't have my W2's yet for 2009 and haven't done my taxes.
Is there any reason the FAFSA needs to be completed before February / March? Do I risk losing out on anything?
Relax. No one has any of that stuff yet. Most people wont get it until jan 31st. You're fine.
It's nice having a CPA in the family.
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Re: Quick FAFSA question regarding urgency
Must be nice receiving your W2's before everyone else in the country.
- kalvano
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- Joined: Mon Sep 07, 2009 2:24 am
Re: Quick FAFSA question regarding urgency
existenz wrote:Actually, you do want to have the FAFSA completed and submitted by Feb. 15th just to be on the safe side. I would not recommend sitting on it until March.
It won't be. I won't even get my W2's until the end of January, and my CPA will take about a month or so.
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Re: Quick FAFSA question regarding urgency
Most schools don't have their own app that you have to complete and send in, right? (Cornell does, but so far it's the only one I've come across.) Basically, the financial aid app IS the FAFSA?
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Re: Quick FAFSA question regarding urgency
A lot of schools require Need Access in addition to FAFSA.
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Re: Quick FAFSA question regarding urgency
I'm pretty sure you can use your 2008 tax information if it will be close to 2009's. FAFSA asks for estimates, plus you can send in corrections once you've done your 2009 taxes.
- kalvano
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Re: Quick FAFSA question regarding urgency
maggiebre wrote:I'm pretty sure you can use your 2008 tax information if it will be close to 2009's. FAFSA asks for estimates, plus you can send in corrections once you've done your 2009 taxes.
But is there any compelling reason to?
Do you stand to miss out on anything? Is it like rolling admissions?
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Re: Quick FAFSA question regarding urgency
I think it could hurt with school's distribution of aid if you submit too late.kalvano wrote:maggiebre wrote:I'm pretty sure you can use your 2008 tax information if it will be close to 2009's. FAFSA asks for estimates, plus you can send in corrections once you've done your 2009 taxes.
But is there any compelling reason to?
Do you stand to miss out on anything? Is it like rolling admissions?
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- kalvano
- Posts: 11951
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Re: Quick FAFSA question regarding urgency
maggiebre wrote:I think it could hurt with school's distribution of aid if you submit too late.kalvano wrote:maggiebre wrote:I'm pretty sure you can use your 2008 tax information if it will be close to 2009's. FAFSA asks for estimates, plus you can send in corrections once you've done your 2009 taxes.
But is there any compelling reason to?
Do you stand to miss out on anything? Is it like rolling admissions?
Too late like June?
I was planning on March / April.
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Re: Quick FAFSA question regarding urgency
I've heard that schools that give grants can run out of them by April. I just wanted to get my stuff in early to be on the safe side.kalvano wrote: Too late like June?
I was planning on March / April.
- pleasetryagain
- Posts: 754
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Re: Quick FAFSA question regarding urgency
some schools I have applied to have "soft deadlines" and explicitly state "you will be disadvantaegd by submitting this late.kalvano wrote:maggiebre wrote:I think it could hurt with school's distribution of aid if you submit too late.kalvano wrote:maggiebre wrote:I'm pretty sure you can use your 2008 tax information if it will be close to 2009's. FAFSA asks for estimates, plus you can send in corrections once you've done your 2009 taxes.
But is there any compelling reason to?
Do you stand to miss out on anything? Is it like rolling admissions?
Too late like June?
I was planning on March / April.
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Re: Quick FAFSA question regarding urgency
this^ you shoudl have a record of completing it but can always go back and update...at least that is what my advisor and two financial aid offices told me.maggiebre wrote:I'm pretty sure you can use your 2008 tax information if it will be close to 2009's. FAFSA asks for estimates, plus you can send in corrections once you've done your 2009 taxes.
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- kalvano
- Posts: 11951
- Joined: Mon Sep 07, 2009 2:24 am
Re: Quick FAFSA question regarding urgency
I made a lot more money in 2008 than I did in 2009.
Should I still use 2008 taxes and then go back and change it?
Should I still use 2008 taxes and then go back and change it?
- taw856
- Posts: 212
- Joined: Thu Apr 30, 2009 7:05 pm
Re: Quick FAFSA question regarding urgency
I'm curious about this, too, if anyone has info...kalvano wrote:I made a lot more money in 2008 than I did in 2009.
Should I still use 2008 taxes and then go back and change it?
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