The Motley Fool Discussion Boards

Previous Page

Education, Jobs & Professions / College Fools


Subject:  Re: FAFSA Date:  5/24/2007  4:46 PM
Author:  rfmjbs Number:  2797 of 2818

Usually if you fill out the FAFSA with estimates, then file your return, your FAFSA will just be flagged to get further documentation. Which means eventually, you will have to send a copy of your signed tax return to the financial aid office. If the your estimate and your tax return weren't too far off, you usually don't have any problems, even small differences weren't too bad.

A major difference like $5K in income you missed reporting might lead to you getting a recalculated EFC, but you would at least be starting with a