<p>I finished the FAFSA today and it took a lot less time than I expected. Once the ID questions were done, there were only a few basic income questions. Since I had done my tax return I had the adjusted gross incomes, etc. They didn't ask about IRAs, 529s, etc. They did ask if I had assets over a certain amount (I won't say the amount because I suspect it's based on my AGI). The help link said the assets don't include 401k's or our house. Since our IRAs, 401k's and our house are the only significant assets we have, I checked no. And that was it! Has anyone else had a similar experience. I'm just worried that I did something wrong!!</p>
<p>I thought the same thing but I did have the same experience. My problem is that my EFC came out like 5x higher than I anticipated. So I thought it was too easy because like you, I checked assets not higher than X and I too had my tax forms completed to go by. Were you OK with your EFC index?</p>
<p>FAFSA uses skip logic so you won’t see questions that don’t pertain to you. If most of your assets are protected (residence and retirement), and you didn’t get an error message at the end, you can be assured that you did provide all of the necessary info.</p>
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<p>Nope, it’s actually based on the age of the older parent (or custodial parent if there’s only one).</p>
<p>FAFSA offers the oppty to print out the questions and responses. You should do this to confirm that the correct values have been received by the system. it is very easy to add or drop a zero. :)</p>