Costs & Financial Aid after getting accepted?

<p>Hey guys. Like many of you I'm hearing back from some UCs soon, hopefully with good news.</p>

<p>I am wondering when you get info about the various expenses, how much of what will be covered, what you'll have to pay upfront, etc? How concise is what you get and when do you get it?</p>

<p>Thanks.</p>

<p>The schools you are accepted to will provide you with a preliminary financial aid reward generally right when you are accepted (or able to view it on the portal). It’ll show the reward(s) amount and you can compare that to the estimated costs. They’ll all should put it up fairly early so you can compare your received at each UC.</p>

<p>^^ UCR didn’t give me a financial aid package and they accepted me a week ago</p>

<p>My Financial aid status on UCR says this:</p>

<p>Before an official financial aid offer will be made available to you, your parents need to log onto FAFSA on the Web , click on the Link to the IRS, and follow the instructions to update your FAFSA using the new IRS Data Retrieval process. They will use the new IRS Data Retrieval Tool to authorize transfer of their 2011 income and tax information from their IRS tax return to your FAFSA, once they have filed their 2011 federal tax return with the IRS.</p>

<p>what does this mean?? I filed my FAFSA january 2nd and I filed it under “Will file” for my parent’s taxes but I updated it and put “already filed” with their information way before the deadline. Did they get the version of my fafsa before I updated it or something?? Does everyone have to use the IRS data retrieval tool?? </p>

<p>And on my Cal Grant it also says my fafsa was received January 2nd. Does that mean they got my fafsa version before the update or is that just the date i submitted it? should it have the new date when I updated it and put “already filed”???</p>

<p>^ UCR requires everyone to do that as seen here:</p>

<p>[Home[/url</a>]</p>

<p>"Needy UCR undergraduate students whose parents are tax filers are now being asked to follow a new federal procedure to link IRS tax data from 2011 to the 2012-13 FAFSA. This request is shown as “Parent IRS data retrieval” (see Growl, Financial Aid Application Status, to see if this applies to you. Note that some filers are being asked for a paper copy of the “Parent 2011 Federal Income Tax Return” instead, and independent students are asked for student IRS data retrieval). The deadline for this is May 15, 2012.</p>

<p>For the IRS data retrieval, your parents must authorize the transfer of their 2011 federal income tax information from their IRS tax return to your FAFSA. Here’s how:</p>

<pre><code>Allow 2 weeks from the date your parents file their 2011 federal tax return electronically, or 6-8 weeks if a paper tax return was filed before authorizing the transfer.

Using their PIN number, have your parent log into [url=http://www.fafsa.ed.gov]Home - FAFSA on the Web-Federal Student Aid](<a href=“The Office of Financial Aid | UC Riverside”>The Office of Financial Aid | UC Riverside).

Select “Make FAFSA Correction” to your 2012-13 FAFSA. Click on “Link to IRS” to go to the IRS website.

Enter the tax filer’s name and address information exactly as it appears on your parents’ 2011 tax return, then “Submit” the IRS information to the FAFSA.

Lastly, “Sign and submit” your FAFSA corrections on the last page of your FAFSA to finalize processing and to have this update sent to UCR.
</code></pre>

<p>For a 3 minute YouTube presentation of this process, click [IRS</a> Data Retrieval - 2012-2013 FAFSA - YouTube](<a href=“IRS Data Retrieval - 2012-2013 FAFSA - YouTube”>IRS Data Retrieval - 2012-2013 FAFSA - YouTube).</p>

<p>This process must be completed before you will receive an official 2012-13 financial aid award, including Summer Session 2012 aid if you apply for summer aid. A few days after this process is completed, an updated copy of your FAFSA with the IRS data will be sent to UCR automatically, and Growl will be updated to show that the UCR document request is “completed”.</p>

<p>If your parents are unable to link to the IRS website by May 15th, please notify our office no later than May 15th at <a href=“mailto:finaid@ucr.edu”>finaid@ucr.edu</a>. Include your UCR SID number and the reason your parents are unable to use the IRS Data Retrieval. The following categories of tax filers are unable to use this new tool:</p>

<p>*Tax filing status is Married Filing Separately
*Tax filing status is Head of Household
*Tax filer filed an amended tax return
*Tax filer filed a Puerto Rican or foreign tax return
*Parents do not have a US Social Security Number</p>

<p>In the above cases, a paper copy of the parent 2011 federal income tax return may be submitted to the Financial Aid Office in lieu of the IRS data retrieval.</p>

<p>Please feel free to contact us if you have any questions about this new process."</p>

<p>thanks jdom!!:slight_smile: I just freaked out for nothing lol</p>

<p>No problem, and I shouldn’t have said UCR, looks as if the other campuses require it as well.</p>

<p>I got accepted to UCR too and this is what mine says:</p>

<p>Note: Any required documents above that are incomplete and/or unsigned will not be accepted and this will cause a delay in processing your application. </p>

<p>It is important to always put your own name and nine-digit UCR Student ID number on all forms that you submit to the Financial Aid Office. </p>

<p>Received documents:
FAFSA Application</p>

<p>Required for disbursement
These items must be submitted for your financial aid awards to be disbursed or to retain eligibility for awards previously disbursed. Failure to submit these items may result in cancellation or reduction in your financial aid award.</p>

<p>All requested documents must be received by May 15th for “on-time” priority consideration for financial aid from grant and Work-Study funds. Late filers may be awarded loans only. </p>

<p>Loan promissory notes, entrance counseling and other requirements for disbursement do not affect on time award consideration. </p>

<p>If you have submitted documents within the past ten days, they may not yet appear as received. Please allow the Financial Aid Office from two to four weeks to process any documents you submit. Documents submitted during peak periods, from April 1st through May 15th, will require additional time for processing.</p>

<p>@Chelz did you link your IRS to your fafsa before they even asked you to?</p>

<p>@ uchappytrain</p>

<p>Yeah basically…my FAFSA was originally “will file” but changed it to “completed” once my dad gave his official tax form. I used the IRS link tool to put his official income.</p>

<p>And my webgrants also says they recieved my FAFSA on the day I submitted it with the “will file” status instead of the later one which says “completed” so I guess it’s normal.</p>

<p>Is your cal grant GPA still your AA one? that still weirds me out lol</p>

<p>yeah my cal grant still has my non transferable gpa too :confused: it says 3.25 instead of 3.3 which is my UC gpa.</p>