Reply to Where is the dang FAFSA?!

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What I wonder is what, if any, impact will this have on the admissions cycle?  There must be ED admits waiting to see what their aid offers will be before accepting and withdrawing elsewhere, right? Will it slow down movement of people off the wait list if aid offers are delayed? At this point it seems like it could totally mess up the timeline this cycle. Am I wrong? (Yes, I have a senior applying, and am waiting anxiously for the form to come out). [/quote]

I think the biggest income will be on the lower-middle class. Poor kids will get lots of aid, even if the offer comes in late. Wealthy kids won't get any, but their families already know that. We're a family for whom this stupid form could actually make a difference in my kids' decisions. [/quote]

They don’t have to make the decision and commit for four months.

You also probably know what your actual budget is, so once the numbers come in they are either above or below that line.

Panic time is when it’s March 25 and the aid numbers aren’t ready, not January 2. There are many schools out there still accepting applications.[/quote]

I think you're right; however, please consider the following. An increasing number of Early Action applicants have been accepted but cannot determine which school to attend because they don't have their financial package yet (which includes possible loans AND merit scholarships). So, the school does not - and cannot - know how many spots they have or will have until late in the game. This means that regular applicants may be waitlisted in larger numbers. The May 1 deadline looms, and there may be spots opening up well after that date, which may require some families to place a deposit on their second choice knowing they'll lose it if a spot - which in normal years might have been available weeks or months ahead of May 1 - doesn't open up until May 15 or later.  It's not ideal.

[/quote]

Right. I am the PP. We DO know what our budget is, but trust me, an extra few thousand here or there makes a difference for a lot of people. Plus, I like this person's explanation. It creates extra chaos and uncertainty. 
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