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Reply to "Now that financial aid programs can pull from IRS, why not pull from last 10 years .."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Stop wasting valuable brainpower on trying to catch “cheaters” that the schools themselves don’t even care that much about.[/quote] +1. The FAFSA is a snapshot, that's it. It spits out a number but that's not the end of the story, and it doesn't hand any one aid unless they are Pell eligible. OP, do you realize how low the threshold is for Pell? Do you know what the maximum Pell Grant actually is?[/quote] The SAI (formerly EFC) generated by the FAFSA is also used by schools to determine institutional awards--not just federal awards. So if you don't get a Pell grant, you might still get a College X grant if the total cost of attendance is above your expected contribution. This matters most with OOS and private schools (the latter which also often use the CSS to get a better picture of your finances).[/quote] I don’t know about being OOS necessarily. And definitely not about private schools, but I do know that unless we’re talking something like merit. Public schools—OOS or otherwise—don’t do a lot of grants, especially not need based for OOS students. Any “meet your need with aid” type of promise from a public school generally means loans. [/quote]
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