Last updated on April 120, 2024 by College Financial Aid Advice.
Cornell University
DO NOT log into your FAFSA on the web periodically to fine-tune or tweak your financial data. This might raise a red flag for an audit regardless of how genuine your intentions are. Instead, use honest best estimates of your finances when you do not have your actual taxes filed yet. Afterwards, update your FAFSA with your current tax return information.
DO NOT SKIP the question of entering your asset information when doing FAFSA on the web even if you do not have any assets. Instead, answer yes, and enter “0” (Zero) for assets you do not have.
KEEP CHECKING the financial aid website for each college or university you have applied to for additional financial information they may need. Also, check your Spam box periodically in case any emails from the schools you have applied to have been delivered there.
About 4-5 days after you submit your FAFSA the first time, you will receive an email with a link to your FAFSA Student Aid Report (SAR). View and make sure that there are no mistakes. If you cannot see the SAR report, it might be because your web browser does not allow you to open pop-ups. In that case, go to your web browser menu and change your settings to allow pop-ups.
Be aware that approximately 30% of all students who apply for FAFSA will be randomly audited. This is called “Verification”. In that case, you may need to provide your official tax return papers.
Dependent or Independent Student
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