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COMMON FAFSA ERRORS

COMMON FAFSA ERRORS. Teresa Stover, Loan Processing Coordinator Messiah College . Parents complete the FAFSA and become confused as to whose information the application is asking for. They list their information in the parent section and again in the student section.

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COMMON FAFSA ERRORS

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  1. COMMON FAFSA ERRORS Teresa Stover, Loan Processing Coordinator Messiah College

  2. Parents complete the FAFSA and become confused as to whose information the application is asking for. They list their information in the parent section and again in the student section. When the FAFSA asks for information for “you” or “your” they want the student’s information Who’s information is it anyway?

  3. Is it Joey or Joseph? The student or parent uses a nickname in place of the “given” name or name on the Social Security Card. Is your last name really Malina90210? The student or parent is multi-tasking and mispells their name. What’s in a name?

  4. Incorrect social security number used. Mom or dad completes the FAFSA and uses the SS# of a sibling and not the student. Incorrect date of birth. Slow down and Check the Social Security card

  5. Neglecting to round to the dollar so $2,525.76 becomes $252,576. Listing the same amount for AGI as wages and as taxes paid. Using the amount of taxes withheld from the W-2 It makes no “Cents”

  6. Using information from both biological parents when those parents are divorced Not listing the step-parent’s information He/She is not my parent

  7. Checking recently submitted Entering the address differently than it appears on the tax return Linking to the site but leaving without transferring the information Data retrieval tool

  8. If the item doesn’t apply use the number 0. Students and parents frequently fail to answer questions. Fill in the BLANKS

  9. What is providing more than half the support of a child? Who is a veteran? What is legal guardianship? Dependency status

  10. Claiming the amount in a retirement account. Claiming the value of a small family owned business Claiming the cash value of life insurance What are not assets

  11. Not including the student in the Household size Filling out the FAFSA but not signing and submitting it. Making changes to the FAFSA but not submitting the changes. All the Rest

  12. Questions or comments? *The names used today have been changed to protect the innocent. THANK YOU FOR COMING today

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