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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The FAFSA is completed by the student, not the parent. However, it is completed sometime between January and March for the next year. If you are thinking the FAFSA will help for the spring semester, that is incorrect. Call the college's financial aid office on January, but I think the only possibility for the spring will be private loans.[/quote]

That is what I was thinking.  I read on the FAFSA website that the deadline for the 2014-2015 school year was June 30 2015.[/quote]

You're reading it wrong.  Look at what you wrote--the deadline for the passing school year is in [b]2015[/b].  It is definitely not too late to apply.  [/quote]

OP here---I wrote the "That is what I was thinking...."  Yes, I agree with you and I'm glad you are confirming what I thought-.  That it is NOT too late to apply for this school year.  DH is working on ex wife and trying to convince her to fill out the forms with their child.  If nothing else, the child should qualify for an unsubsized loan as long as the FAFSA gets submitted.  That's all we need.[/quote]

What state are you in?  The federal deadline is 6/30/15 but individual states have imposed their own deadlines that take precedence.  You need to look at your specific state. http://fafsa.gov/fotw1415/pdf/Deadlines.pdf

The FAFSA and all financial discussions are to be between the student and the bursar's office at their college.  Even though we took out a parent plus loan (which is an option for you) for my oldest step daughter, when we needed to get some questions answered regarding it, the bursar's office would NOT talk to us.  SD had to make all the phone calls.  Additionally, when they cut us the check for the remainder of the money after semester 1 is dispersed, it is made out to the student.  This annoys the ever loving shit out of me given that it's OUR name on the loan, NOT hers, but whatever.  She signs it over to us and we deposit it and use it for second semester.

Yes, parents typically fill out the FAFSA for their kid but it is technically the kid's responsibility as they are the ones who create a log in.  They are legal adults and the FAFSA and colleges treat them as such.  In situations where one parent refuses to let their information be used, the kid is pretty much screwed.  I think some colleges offer work arounds but basically, go google "parent refusing to give their info for FAFSA" and see what kind of stories you read.  Government says that you are financially responsible for your kid til 26 when it comes to college so without that info, they're just going to say your kid is SOL.

We had to do the payment plan option for SD's second year of college b/c the loan money didn't come through in time.  They do only offer you the option to split it up into four payments to be paid for four consecutive months.  It's kind of stupid really.  We used that option solely so we could give them some money to hold them over until the loan came through and then we paid the rest with that.  The annoying part was the fee you have to pay for the privilege of paying in installments.

Honestly, I'd just go get a parent plus loan.  If you all are planning on paying it back (rather than your kid) it's a decent rate and it's easy to get.  Do the installment plan option so that you can pay whatever needs to be paid by the spring deadline (1/4th the tuition) and apply for the parent plus loan for whatever else you need to cover the rest of the semester.  [/quote]

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