Student funding late handing in form - will I get funding ?

Question

I really need funding from college but unfortunately when I handed in the form the Counter assistant said that it was late and there would be a chance that my claim would be unsuccessful - But I really need this funding is there any way to appeal this ?

has anyone else been in this situation ?

Answer 1

Whether you can appeal it depends on what types of funding you're seeking.

STATE AID
If you're a candidate for state financial aid and your FAFSA was later than the official state deadline (http://www.fafsa.ed.gov/before003a.htm ), then there's a good chance that you will become ineligible. There isn't much that your school can do about this, so you might have to accept this loss and reapply on time next year.

FEDERAL AID (entitlements, etc.)
Your eligibility for federal funding is probably fairly secure. Grants like Pell are not of the "first come, first served" ilk, so being a little bit late shouldn't hurt you. The "supply" of Stafford Loan funding is ostensibly unlimited, so getting Stafford loans should also not be a problem.

CAMPUS-BASED FEDERAL AID
Many schools have a very limited supply (allocation) of what we call "campus-based" funding (which includes Perkins loans, SEO grants, and Work-Study). Your school may award this funding on a "first-come, first-served" sort of basis so, if you applied very late, they might have spent already their allocations by the time they get to you. If you receive your award letter and this funding is missing (and you think you were needy enough to be eligible), write your school a letter requesting the funding. The worst they can do is deny the request.

INSTITUTIONAL AID
When it comes to institutional funding (like academic scholarships, etc.), it is up to your school to decide how much flexibility to give you. They are in complete control of these funds and lateness can be just one of the many reasons that students become ineligible for this type of aid. But don't worry.

Frankly, we always tell late applicants that there is a "chance" that their financial aid will be affected. If we didn't, what incentive would there be for students to apply on time?! (People would procrastinate until the day tuition was due and then demand that we process their application ASAP; it wouldn't be fair -- or even manageable). Despite this, the truth is that, as long as we have not spent all of our scholarship budget on the on-time students, we can be a little flexible with students who are a little bit late. So, what to do? Well, you could drop your school an apologetic note explaining why you missed the deadline and that you really need the funding. It can't hurt and might let the school know that you will be responsible and serious about your finances in the future (you will, won't you?).

Answer 2

It depends on the state. Here in KY our state deadline is March 15th but they will continue to award until they run out of funds, other states have stricter deadlines. I would not dwell on it too much because there is nothing you can do about it now and it only effects the state grants not federal grants and loans and just remember to get it in earlier next year.

Answer 3

This site should help you http://www.studentfinancialadvisors.com/referrals.php

They pay $100 for each referral that you give them. For student loan consolidation... the students must qualify and consolidate their student loans through the company.

Answer 4

is this the fafsa? the earlier you get it in the better, but the money goes first come, first serve. i don't know if you can appeal it- if its all already been destributed to otehr
students