<p>We have just come from our accountant to complete our 2010 taxes. She tells us that the IRS will not allow us to file our taxes until February 14 because the forms we need (Schedule A specifically) will not be available until them.</p>
<p>So we will file the FAFSA and the CSS based on this year's taxes and last year's Schedule A, but we cannot use the IDOC service to submit our 2010 paperwork until February 14. If IDOC takes two weeks (as indicated on the MIT Student Financial Service website), will we be considered late?</p>
<p>The MIT Student Financial Services website says: If you will not be able to send the 2010 income tax return through the IDOC service by February 15, 2011, send your 2009 income tax returns, W-2 forms, and all schedules directly to Student Financial Services. You will be required to submit the 2010 Tax Returns to IDOC when they are available.</p>
<p>Obviously, only those who do not file Schedule A can send the 2010 return by IDOC in time. So, do we send 2009 returns, 2009 W-2 and 2009 schedules by mail? To this address:</p>
<p>Student Financial Services
MIT Room 11-120
77 Massachusetts Ave.
Cambridge, MA 02139 </p>
<p>If you cannot answer that question, can you direct me to someone in Student Financial Services who can?</p>
<p>Thank you.</p>
<p>^^^ same situation, except my tax returns can’t be completed until late march</p>
<p>I love the IRS. They rock so much. (Not.)</p>
<p>I would send directly by mail, and the address for Student Financial Services looks like the right one. </p>
<p>The financial aid office starts putting together aid packages for applicants on (AFAIK) a first-come, first-served basis. If your documents are late, it puts you a little further back in the queue, but SFS will do everything in its power to get you a package with decisions. If you’re sending your 2009 information, though, I suspect they will make up a package using that information and double-check it against the 2010 info when availalble, rather than waiting to start your package until you are able to send in the 2010 info. </p>
<p>mk13bball, MIT decisions usually come out in mid- to late March, so you will not be able to get a financial aid package with your acceptance letter if you haven’t sent in your tax info yet (although, as above, perhaps they will put together a package with the 2009 tax information). If not, SFS will scramble like mad to get you a financial aid offer before the May 1 college decision date.</p>
<p>Back in the day, Daniel Barkowitz, the director of SFS, used to hang around CC and answer questions. I miss him.</p>
<p>^excellent question! Thanks for asking.</p>
<p>And, for answering! :)</p>
<p>thanks mollie! </p>
<p>fortunately, our need blind policy means that our office never brings financial information to bear on admissions decisions; unfortunately, this means i actually know very little about specific financial aid procedures. </p>
<p>when it comes to financial aid questions, always direct them to the FinAid office :)</p>
<p>Hello all! While this thread is mostly on Financial Aid, I’ll like to “steal” the topic for a moment. I’m well aware that we need to send in our IDOC soon, but I had a couple questions.</p>
<p>We send our documents all to </p>
<p>College Board IDOC
P.O. Box 4017
Mt. Vernon, IL 62864</p>
<p>correct? I thought that was the case initially, but I wasn’t sure if we need to send it to the FinAid office.</p>
<p>Next, what is the case with noncustodial parents? I managed to fill out the noncustodial form and having an awkward conversation with my mother for about an hour, but does this mean I have to get her to send in tax forms too? Her English is not great, should I still attempt to convince her otherwise? How much impact would it have on me if she ended up not sending the documents or she made errors while sending in the documentation?</p>
<p>Lastly, are Financial Aid packages normally released with decisions?</p>
<p>Thank you all!</p>
<p>you need to ask finaid about IDOC and noncustodial, but packages are released after decisions, around CPW.</p>
<p>Financial aid packages are released during the CPW? That seems ridiculous; why would someone travel to the CPW after receiving their acceptance, without knowing their financial situation? Unless everyone that applied is wealthy, what happens if there’s no aid, or it’s very different from the calculator figures?</p>
<p>One more way to put pressure on the students I guess…</p>
<p>Is that a change in policy on the part of the financial aid office? My understanding was that they typically sent financial aid packages right around the time of admission.</p>