I submitted my FAFSA a couple of weeks ago, and I just realized I made an error. I think I entered the wrong amount for my parents' income or something like that. What should I do now to correct this mistake? Is it possible to update or change the information after submission?
I'm worried that this could mess things up with my financial aid award. Any advice or steps on how to fix this would be greatly appreciated!
Your worry is understandable, as accurate information on the FAFSA is crucial to determining your financial aid eligibility. The good news is that mistakes on the FAFSA can indeed be corrected!
After the FAFSA has been processed, you can correct it online, provided you have your FSA ID handy. You'll need to:
1. Go to the FAFSA website and log in with your FSA ID.
2. On the "My FAFSA" page, click "Make FAFSA Corrections."
3. Navigate to the financial information section and make the necessary corrections to your parent's income. Be sure to be meticulous this time around to prevent further errors.
4. After making corrections, you must sign and apply again.
Remember that the changes may take a few days to process and could impact your Student Aid Index (SAI). This, in turn, might affect your financial aid award, either positively or negatively, depending on the correction.
Therefore, it's essential to communicate this update to your school's financial aid office once your corrected FAFSA is processed. They will be notified automatically when corrections are made, but reaching out in-person can ensure they are aware of the situation and can advise you on possible impacts to your aid package.
Even though this process might be stressful, it's important to have accurate information on your FAFSA for the most precise calculation of your financial aid eligibility. It's also advisable to double-check all entries before submitting to prevent such potential errors in the future.
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