It is currently 18 Nov 2017, 12:57

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# When is the FAFSA deadline?

Author Message
TAGS:

### Hide Tags

Director
Joined: 09 Jan 2007
Posts: 707

Kudos [?]: 14 [0], given: 0

### Show Tags

15 Feb 2007, 09:09

But the FAFSA website says July 2.

When is the deadline? And when is the unwritten deadline to actually get money?

Kudos [?]: 14 [0], given: 0

SVP
Joined: 01 Nov 2006
Posts: 1855

Kudos [?]: 210 [0], given: 2

Schools: The Duke MBA, Class of 2009

### Show Tags

15 Feb 2007, 09:15
Do it as soon as possible. The school can't make decisions on your financial aid until they get it. Each school might have its own deadline, but you should submit it now (yes, even before you get the admit).

Kudos [?]: 210 [0], given: 2

Senior Manager
Joined: 03 Jul 2006
Posts: 480

Kudos [?]: 23 [0], given: 0

### Show Tags

15 Feb 2007, 09:26
aaudetat wrote:
Do it as soon as possible. The school can't make decisions on your financial aid until they get it. Each school might have its own deadline, but you should submit it now (yes, even before you get the admit).

How would you submit it before you get an admit? Don't you have to name which school it is for?

Kudos [?]: 23 [0], given: 0

SVP
Joined: 01 Nov 2006
Posts: 1855

Kudos [?]: 210 [0], given: 2

Schools: The Duke MBA, Class of 2009

### Show Tags

15 Feb 2007, 09:32
You can send it to more than one school. Send it everywhere you've applied.

From the Johnson Financial Aid Office: File the FAFSA as soon after January 1, 2007 as possible, even if you haven't determined which MBA program you will attend. You will receive notification of your federal student loan eligibility after you have been admitted to our program, and completed the FAFSA online. There is no connection between applying for financial aid and the Admissions Committee's decision!

Kudos [?]: 210 [0], given: 2

Senior Manager
Joined: 03 Jul 2006
Posts: 480

Kudos [?]: 23 [0], given: 0

### Show Tags

15 Feb 2007, 09:51
Why do you have to apply so early? Once you know which school you are going to attend, do you have to go back and update the FAFSA records? I'm sorry, I really have no idea how this process works.

Kudos [?]: 23 [0], given: 0

SVP
Joined: 01 Nov 2006
Posts: 1855

Kudos [?]: 210 [0], given: 2

Schools: The Duke MBA, Class of 2009

### Show Tags

15 Feb 2007, 09:57
Copied and pasted from another discussion:

Thought I would throw in on the education financing piece first. Disclaimer: while I am a financial counselor (when it's not tax season) I am more familiar with other personal finance issues than I am with higher ed. But here's what I know.

1. Fill out your FAFSA asap. You need to get that in - even if you don't know which school you're going to go to (or even that will accept you), you can fill it out. In other words, this ain't the year to procrastinate on filing your taxes. Go here for more: http://www.fafsa.ed.gov/.

2. Once you've submitted your FAFSA, you will receive your Student Aid Report (SAR). The SAR outlines basically what you have to contribute. Schools look at this to determine if you qualify for merit-based aid and also to know what kind of assets you have.

3. Using the SAR, the school will put together a financial aid letter for you. It will show the cost of tuition, other fees, and a cost-of-living budget. They'll subtract any scholarships, fellowships, or grants (grants being pretty darn unlikely for us!), and also include whatever federal loans you qualify for. Whatever's left is called the EFC, or Expected Family Contribution. Unless your parents are still funding your life, that's your part.

You want to do this soon because some pots of money can get distributed before you start to be considered. My guess is that this is less likely at b-school than in undergrad, but why not be the early worm? The FAFSA really isn't hard to do; you might as well get it done.

There shouldn't be any reason to update the FAFSA, assuming nothing changes in your tax situation. Think of the FAFSA like the GMAT - I bet most of you sent your GMAT scores when you took the test, long before you applied, and even longer before you got accepted. Heck, several schools have my GMAT and they won't ever see an app from me.

Kudos [?]: 210 [0], given: 2

SVP
Joined: 24 Aug 2006
Posts: 2130

Kudos [?]: 154 [0], given: 0

### Show Tags

15 Feb 2007, 11:07
ughhh . . . FAFSA . . .

I thought I was done with that.

Kudos [?]: 154 [0], given: 0

Manager
Joined: 04 Aug 2006
Posts: 117

Kudos [?]: 2 [0], given: 0

### Show Tags

15 Feb 2007, 17:34
Does it work for International applicants living in USA also? (i.e. non-US citizens)?

Kudos [?]: 2 [0], given: 0

VP
Joined: 20 Sep 2005
Posts: 1016

Kudos [?]: 38 [0], given: 0

### Show Tags

15 Feb 2007, 19:01
Only for citizens or permanent residents.

Hindustan wrote:
Does it work for International applicants living in USA also? (i.e. non-US citizens)?

Kudos [?]: 38 [0], given: 0

Director
Joined: 05 Apr 2006
Posts: 727

Kudos [?]: 9 [0], given: 0

### Show Tags

16 Feb 2007, 07:23
Stupid PIN

Kudos [?]: 9 [0], given: 0

Current Student
Joined: 29 Jan 2005
Posts: 5201

Kudos [?]: 437 [0], given: 0

### Show Tags

16 Feb 2007, 08:19
FAFSA Spent six years paying off those friggen loans. Not again! Why can't Sallie Mae be like "well, since they represent only about 1% (the better 1%) we should cut em' a discount on the rate and relax the terms?"

Kudos [?]: 437 [0], given: 0

Intern
Joined: 09 Mar 2007
Posts: 27

Kudos [?]: [0], given: 0

### Show Tags

21 Feb 2008, 22:40
Couple of questions...
1. In order to beat the March 1 deadline, I sent the fafsa to a couple of schools that I haven't applied to yet, but plan on applying to if rejected by my top choices. Is this ok?

2. If you are accepted by a school, does the school put together the financial aid package before or after you pay the deposit? In other words, do you have to pay the deposit in order to get the financial aid letter from the school?

Thanks

Kudos [?]: [0], given: 0

Senior Manager
Joined: 23 Jan 2008
Posts: 498

Kudos [?]: 52 [0], given: 0

### Show Tags

21 Feb 2008, 22:56
Lets make this simple!
1)You can (and should) send the FAFSA to every school where you are considering applying. It is FREE.
2)You should do this ASAP. (As in This week. You can adjust later if your taxes change when you do them in April!)

I don't know about noncitizen applicants.

Hope this helps!

Kudos [?]: 52 [0], given: 0

Intern
Joined: 09 Mar 2007
Posts: 27

Kudos [?]: [0], given: 0

### Show Tags

21 Feb 2008, 23:14
westsider wrote:
Lets make this simple!
1)You can (and should) send the FAFSA to every school where you are considering applying. It is FREE.
2)You should do this ASAP. (As in This week. You can adjust later if your taxes change when you do them in April!)

I don't know about noncitizen applicants.

Hope this helps!

Right, but what about my second question? It probably doesn't fit the "When is the FAFSA deadline" topic, but I'm just curious as to when they give out the financial aid award letter. Before or after the deposit?

Kudos [?]: [0], given: 0

Senior Manager
Joined: 23 Jan 2008
Posts: 498

Kudos [?]: 52 [0], given: 0

### Show Tags

21 Feb 2008, 23:18
Ooh, I'm curious when that will be as well. I got the "sorry, no Perkins loan" mail in about 24 hours. But I think the rest comes directly from each school. So, will depend on where you applied. (this is just my impression.. not really sure!)

Kudos [?]: 52 [0], given: 0

GMAT Club Legend
Status: Um... what do you want to know?
Joined: 04 Jun 2007
Posts: 5464

Kudos [?]: 408 [0], given: 14

Location: SF, CA, USA
Schools: UC Berkeley Haas School of Business MBA 2010
WE 1: Social Gaming

### Show Tags

22 Feb 2008, 01:19
I'm pretty sure the financial aid letter comes at different times depending on the schools. Actually, I don't even know when Haas, Anderson, or Kellogg gives theirs out... I guess I'll ask the question at the Anderson Days in March.
_________________

****************************
GMAT Club Knowledge Vault:
http://gmatclub.com/forum/123
http://gmatclub.com/forum/128-t62555
Kryzak's Profile:
http://gmatclub.com/forum/111-t56286
Member Essays:
http://gmatclub.com/forum/103-t50969

Kudos [?]: 408 [0], given: 14

Senior Manager
Joined: 30 May 2007
Posts: 496

Kudos [?]: 70 [0], given: 0

### Show Tags

22 Feb 2008, 08:54
Just did my FAFSA this week. Going to fill out by CSS Profile this weekend. Columbia has us fill out something on this website called NeedAccess. It asks more in-depth questions regarding our financial situation, and even our expected financial situation once school starts. I think it is to help them make a better decision on need-based scholarships.

Kudos [?]: 70 [0], given: 0

Senior Manager
Joined: 30 May 2007
Posts: 496

Kudos [?]: 70 [0], given: 0

### Show Tags

22 Feb 2008, 08:55
And, now I just see that I became a Senior Manager. Nice!

Kryzak...I'm gunnin' for ya!

Kudos [?]: 70 [0], given: 0

VP
Joined: 05 Aug 2007
Posts: 1499

Kudos [?]: 211 [0], given: 22

Schools: NYU Stern '11

### Show Tags

22 Feb 2008, 09:45
You need the CSS Profile for b-school, too? That's an even bigger pain than the FAFSA.

Kudos [?]: 211 [0], given: 22

GMAT Club Legend
Status: Um... what do you want to know?
Joined: 04 Jun 2007
Posts: 5464

Kudos [?]: 408 [0], given: 14

Location: SF, CA, USA
Schools: UC Berkeley Haas School of Business MBA 2010
WE 1: Social Gaming

### Show Tags

22 Feb 2008, 10:54
congrats dj
_________________

****************************
GMAT Club Knowledge Vault:
http://gmatclub.com/forum/123
http://gmatclub.com/forum/128-t62555
Kryzak's Profile:
http://gmatclub.com/forum/111-t56286
Member Essays:
http://gmatclub.com/forum/103-t50969

Kudos [?]: 408 [0], given: 14

Go to page    1   2    Next  [ 22 posts ]

Display posts from previous: Sort by