Son was laughing when he filled out the information, he has no property, etc. Amt of money on hand- 0.00 His checking and savings account are kinda bare also.
LA
DS is in his first year of grad school. Just keep in mind that the financial aid process for grad school is VERY different than for undergrads. First...almost all of the grad students are independent and many have EFCs that are very very low...if not zero. There are not schools that "meet full need" and there are no federal funds that are awarded based on the FAFSA except the unsubsidized and subsidized Stafford loans. There are no Perkins loans or Pell grants for grad school. To be honest, I'm not sure what they use the FAFSA for!! There really isn't "need based aid" the way there is in undergrad school. For many grad students, awards are in the form of fellowships or assistantships that have little or nothing to do with need, but are awarded based on merit...or what the school is looking for in a student.
The good thing is that it doesn't take long to complete the FAFSA for these grad students as most of the numbers are ZERO...
Thumper, I didn't know that. I'm going to start a new thread for Grad School FAFSAs so those of us with an interest won't take the focus off of the undergraduate discussion in this thread.
