Perhaps you’ve had a change in circumstances since you submitted the FAFSA, or you’ve discovered that even with the help of FAFSA.gov’s built-in fact checker your FAFSA contains an error. Here are some of the most common pieces of information to be updated or corrected:
- Your marital status
- Your parents’ marital status
- The death of a parent or sibling
- Employment status
- Major medical expenses
- Social Security numbers
- Parents’/stepparents’ income
- Untaxed income
- Income taxes paid
- Household size
- Number of household members in college
- Real estate and investment net worth
So, what happens if you’ve made a mistake? If necessary, corrections to FAFSA data may be made by:
- Visiting FAFSA.gov and accessing your data with your FSA ID.
- Requesting changes through the financial aid office of the school you plan to attend. (you’ll need your Data Release Number, or DRN.)
- Submitting documentation to the college’s financial aid office.
If you used last year’s tax information as an estimate when filing the FAFSA, it is also required that you make the correction once you’ve filed 2015 taxes.
StartWithFAFSA.org is part of the outreach initiative at the Oklahoma College Assistance Program (OCAP). OCAP provides college access, aid awareness, financial literacy and student loan management services that benefit students, parents, schools and community partners. OCAP’s initiatives include UCanGo2, Oklahoma Money Matters and Ready Set Repay, each of which offers resources and tools designed specifically for you, including:
College Planning Checklists – provide high school students detailed information about the steps they must take not only to gain admission to a college or university, but also to be successful in high school and college. From what classes to take to financial aid application guidelines, these checklists offer useful information for every high school student.
Your Money Matters Guides – designed to help students and adults manage finances, each guide is tailored to provide specific information based on your current financial situation.
Borrow Smart from the Start – provides information to help students understand the smart and responsible way to borrow student loans. Whether you’re preparing for college and considering student loans for the first time, in your grace period or currently repaying your loan, this publication provides everything a student loan borrower needs to know before borrowing.
Each of our initiatives offers a variety of information and resources designed to fit your needs. Check out our publications/resources pages at UCanGo2.org, OklahomaMoneyMatters.org and ReadySetRepay.org to find more useful tools and information.
The state of Oklahoma offers several financial aid programs. Start applying for these programs by submitting the Free Application for Federal Student Aid (FAFSA).
Oklahoma Tuition Aid Grant Program (OTAG)
OTAG is a need-based program for Oklahoma residents who are enrolled full-time or part-time in undergraduate courses at eligible colleges, universities and career technology centers in Oklahoma. The OTAG application is available within the FAFSA. OTAG funds are limited, so it’s important to submit the FAFSA as early as possible each year you need financial aid for college.
Oklahoma Tuition Equalization Grant Program (OTEG)
OTEG awards grants to Oklahoma students attending eligible not-for-profit, private or independent institutions. Funds are limited for this program, so be sure to submit your FAFSA early.
Oklahoma’s Promise Scholarship Program
Oklahoma’s Promise allows eighth-, ninth- or 10th-grade students from families with an income of $50,000 or less to earn a college tuition scholarship. Students must also meet academic and conduct requirements in high school and submit the FAFSA during their senior year of high school. Upon completion of the program’s requirements, students earn:
- Tuition at an Oklahoma public two-year college or four-year university.
- OR a portion of tuition at an accredited Oklahoma private college or university.
- OR a portion of tuition for courses at public technology centers that are approved for credit toward an Associate of Applied Science degree at a public college.
Academic Scholars Program
The Academic Scholars Program awards scholarships to Oklahoma residents who score in the 99.5 percentile on the ACT or SAT exam. It’s also available to students who are named National Merit Scholars or finalists, Presidential Scholars or Institutional Nominees.
Other scholarship opportunities unique to the state of Oklahoma include:
Be sure and check these out to see if you’re eligible!
If you’ve submitted the Free Application for Federal Student Aid (FAFSA), congratulations! You’ve just taken a very important step on your way to college. Now, what should you expect?
- You’ll receive a Student Aid Report (SAR).
Within a few days of submitting the FAFSA you’ll get an email containing a link to your online Student Aid Report (SAR) information. This will be sent to the email address you provided on your FAFSA. Watch for an email from FederalStudentAidFAFSA@cpsemail.ed.gov. Consider adding this address to your favorites, or to a safe sender list, so the message doesn’t go to Spam. If you didn’t supply an email address, you’ll get your SAR through snail mail several days later.
Review your SAR carefully to verify that everything is correct. If you see any errors that need to be corrected, log in at FAFSA.gov using your FSA ID and correct the information. If you’re unable to change the data in any particular field, be sure to call the FAFSA hotline, 1.800.4FED AID (1.800.433.3243) and explain the situation. Once you hit ‘Submit’ again, any corrections you make will show up on a revised SAR that you’ll receive within a few days.
- You may be selected for verification.
If your FAFSA has been selected for a random review process, called verification, you’ll receive details on how to proceed so your college’s financial aid office can verify your information before you receive federal financial aid. The summary on the first page of your SAR will list any additional steps you need to take.
- You’ll want to follow up with financial aid.
Your SAR will not tell you exactly how much aid your college can award you from every possible source. Visit with the financial aid department at the college you’re interested in attending. They can walk you through your financial aid package, collect any missing information, and let you know what to expect going forward.
Visit the Department of Education to learn more about what to expect after you submit the FAFSA.