CC Late Aid, Pell, Verification Questions?

<p>I will be a sophomore in the fall at my CC in CA if that matters and am SUPER late with my financial aid stuff.</p>

<p>I filed a FAFSA with 2011 info by March 2nd. (My mom is a pain when it comes to getting her taxes filed.) 2011 info states that my EFC was 26000 and with the accurate 2012 info that I updated FAFSA with today put my EFC at 3705 and estimates my Pell Grant at 1895. </p>

<p>I also have just noticed that I was selected for verification and am required to fill out the verification form and a "request for transcripts of 2012 tax returns".</p>

<p>Questions: </p>

<ol>
<li><p>Do I need to wait for the corrected version of my FAFSA to be processed before filling out those forms?</p></li>
<li><p>Have never encountered the Pell Grant before, so I am not sure how it works/if the "estimate" is accurate. Anyone know anything that can help me understand?
<em>My EFC changed dramatically due to the loss of my father/s income & my mothers<br>
company filing bankruptcy?</em></p></li>
<li><p>Am I just too late for any of this to make a difference? Fall starts August 9th.</p></li>
</ol>

<p>You should send in your parents’ 2012 tax return transcript ASAP.</p>

<p>You’re not too late to get the 2013-2014 Pell grant.</p>