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FAFSA and Profile Strategies
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Final Steps
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Final Steps: Are You Done?


For more information about financial aid, buy Paying For College Without Going Broke, 2005 Edition

Now that you've been through all the forms, put your work copy of the forms away for a day. You've earned a rest. Tomorrow, look the forms over very carefully. Are you happy with the numbers? If you filled out a PROFILE form, have you made sure all the answers are consistent with the answers you gave on the FAFSA? In addition, do the answers on the PROFILE and the FAFSA agree with any supplemental aid forms required by the colleges? Check the newspaper today to see if your stock or bond investments have lost any value. If so, revise your figures downward.

When you are convinced that everything is ready, carefully copy over all your figures onto the original paper forms or input your data for the online version. Date the paper form, sign it, and make photocopies for your records. If you are transmitting your PROFILE information and will be having the data sent to more than one school/program, be sure you have a valid credit card handy as you will be charged an additional processing fee. If you are filing a paper FAFSA, send the original form via certified mail (return receipt requested) or via Express Mail (return receipt requested) to the processor. If you don't receive your return receipt within two weeks, start making inquiries immediately with the processor and the post office.

Your Student Aid Report (SAR) from the government should arrive within three to four weeks. Once you transmit your PROFILE data, you will be able to print out a Data Confirmation Report.


This information is excerpted from Paying For College Without Going Broke, 2005 Edition.

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