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Avoid Frustrating Mistakes on your Free Application for Federal Student Aid (FAFSA)

A mistake on your FAFSA can delay the processing of your application by up to three weeks. Consider this statistic, one in seven FAFSA forms is returned do to errors. It can happen to you and it can result in your being denied student aid due to lack of funding. Common mistakes when filing your free application for federal student aid (FAFSA) The most frequent mistake when applying for student aid is to leave a field blank. If the answer is zero or does not pertain to you, write in a zero. Leaving a question blank can lead to the processor assuming that you forgot to answer. This can result in the FAFSA being returned to you and delaying student aid you desperately need. Use the 1040 federal tax return for income reporting and reporting taxes paid when filing for student aid. Some parents and students accidentally use their W-2 form. When applying for student aid, don’t forget to report all the required sources of untaxed income. This includes Social Security, Child support, and Aid to Dependent Children. Report your correct marital status. You must be married before the date you sign your FAFSA. Include yourself in household size. Even … Continue reading