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[quote]
I can't tell you HOW they did it; but I can tell you, with 100% certainty, that we received an offer from a need-blind, 100% of need, no merit aid, 568 school where the financial package had us paying less than our Federal EFC. No - the difference was not in the composition, but in the actual amount. As to whether "they" made corrections to the original filing, I wouldn't know (and frankly didn't care.)
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<p>Mini, had they made a correction to your FAFSA, you and your daughter would have received an alert and a new copy of your SAR. Further, you can obtain copies of the past SAR at the fafsa.ed.gov site. </p>
<p>Increasing aid beyond the sum of financial aid and EFC would mean the COA is also exceeded; this represents a violation of federal guidelines. On a side note, this is an issue that (often) complicates the disbursement of outside scholarships, and has resulted in the development of alternatives practices such as the direct purchasing and donation of computers by the scholarship organizations. Don't take my word for it: google "federal guidelines of college financial aid." If I am wrong, I'd be in the good company of about every college I checked, with the probable exception of Hillsdale College in Michigan. However, I doubt that it was on the list of the 'SAT bubble queen!' Of course, it may simpler to follow the guidelines of the Higher Education Amendments of 1992:</p>
<p>
[quote]
The Higher Education Amendments of 1992 provide a single
methodology for determining the Expected Family Contribution
(EFC) and cost of attendance (COA) for all SFA programs,
beginning with the 1993-94 award year. Need-analysis and COA are
discussed in Chapter Two, Section Two. If the student's COA
exceeds his or her EFC, the student has "need."</p>
<p>Before awarding aid from campus-based programs, the aid
administrator must take into account aid the student will receive
from other SFA programs, and other resources that the
administrator knows about or can reasonably anticipate at the time
aid is awarded to the student. A financial aid administrator may not
award or disburse aid from a campus-based program if that aid,
when combined with all other resources, would exceed the student's
need.</p>
<p>Maximum aid from Financial Aid from other SFA
Campus-Based programs = Need - programs & resources</p>
<p>If the student receives additional resources AT ANY TIME
DURING THE AWARD PERIOD that were not considered
in calculating the student's eligibility for aid, and these resources
combined with the expected financial aid will exceed the student's
need, the amount in excess of the student's need is considered an
overaward.
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<p>Changes to the FAFSA are done under the authority of a school's financial aid administrator to make adjustments to the data elements on the FAFSA. This means that you have a new verifiable and verified EFC. </p>
<p>
[quote]
The Free Application for Federal Student Aid (FAFSA) does not provide families with a place to explain special circumstances affecting their ability to pay for the student's education. The Federal Need Analysis Methodology (FM) is likewise a rigid formula, with no provisions for exceptions. </p>
<p>To remedy this, Congress has delegated to the school's financial aid administrator the authority to compensate for special circumstances on case-by-case basis with adequate documentation. As the man or woman in the field, the financial aid administrator is best able to evaluate the family's situation and to make appropriate adjustments. </p>
<p>Professional Judgment refers to the authority of a school's financial aid administrator to make adjustments to the data elements on the FAFSA and to override a student's dependency status. The school does not have the authority to change the need analysis formula itself or to make direct adjustments to the Expected Family Contribution (EFC). Instead, the school may make adjustments to the inputs to the formula. The changes to the inputs are dictated by the impact of the special circumstances on the family's income and assets. The standard formula is then applied to the new data elements, yielding a new EFC figure. </p>
<p>The decision of the financial aid administrator is final. There is no appeal. By law, neither the school's president nor the US Department of Education can override the financial aid administrator's decision.
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