I recently filled out my FAFSA and put that I was going to live at home with my parents into the colleges sect

Question

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Recently, I have been thinking about living on campus and I heard that this college may require freshmen to do so. I was wondering if by putting that I was living at home, i am expected to get less money than if I put living on campus?

Answer 1

That's actually quite possible. Dorm rooms jack the price of overall college costs up dramatically when compared to living free of room and board with your parents.

It's not too late to change your FAFSA application though. But I would do it as soon as fricken possible. It's always best to err on the side of caution, especially when this will affect your college funds for a full year.

Answer 2

First, you should check the schools to find out their policies. If they require Freshmen to live on campus, go and change your FAFSA. If you have decided to live on campus wherever you attend school, go and change your FAFSA. Be careful to be accurate because you are dealing with federal money.

Verification is the random process by which you prove to the government that everthing you told them was true; therefore, you recieved the correct amount of money. Having gone through this process, I can assure you it requires lots of paperwork. So be accurate. Make up your mind, then act accordingly. God bless you and ENJOY your first year of college!!!!!

Answer 3

For most things, it won't make a difference. It is possible that you could receive less gift aid (grants or scholarships), but I would say that happens at most 10% of the time. What's more likely is that you won't be offered as much in loans, and that could be a good thing.
Regardless, you can probably correct it by emailing the financial aid office at the school you are planning to attend and let them know that you changed your mind. Some will change it with just the email, others will tell you to correct via FAFSA, and some will have you fill out a form with their office. That's why you would need to contact them, so they can tell you what's right for their school.

Answer 4

You will most definately get less money if you say you are living at home. Go online and change your answer now. You can always change your FAFSA. Say you aren't living at home (you can change back if you have to), anyways it's always better to have more money right? Just be careful they select random people for verification.

Answer 5

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