<p>I’m currently a freshman @ FSU and starting my second semester this spring and so far I have achieved an A on all courses attempted.
In addition to bright futures and prepaid, I have been given a 475 FSU grant for both freshman semesters. </p>
<p>Question- Will I be entitled to receive this same amount again for my second year at FSU and will I be eligible to receive any additional financial assistance? </p>
<p>I know my financial kept changing, and increasing every single year. Can’t say the same for you. But regardless, you should file for FAFSA the moment the day becomes available. I think the running gig is that the earlier you apply, the more grants/money is available to you. You can use your parents old tax information as a reference, and update when they filed it for 2013. But I believe the government updating their system where they can sync tax information directly to FAFSA, if you provide their SSN etc.</p>
<p>You aren’t entitled to receive anything from one year to the next, aside from student loans, Bright Futures, and a few FSU scholarships that they award to freshmen.</p>
<p>With the way that FSU’s been hit with budget cuts in recent years, I wouldn’t expect to receive any FSU-direct aid that isn’t one of the freshman scholarships from one year to the next. </p>
<p>What financial aid you are offered is heavily dependent upon your FAFSA, too. If your FAFSA changed significantly from one year to the next, I wouldn’t be surprised to see you lose the FSU grant.</p>
<p>Okay, thanks but I have a second question.
On my parents FAFSA, this year’s income should be about 15 % less than last
years, will this make a difference? Also, I have two older brothers also in college, does this make a difference? And lastly, can I just guesstimate my parents FAFSA numbers and apply asap in January and
amend the FAFSA numbers when they fill out their tax return in April?</p>
<p>You can estimate, and in fact, I believe that FAFSA actually suggests that you estimate, just to apply early. </p>
<p>I would attempt though to be as close to accurate as possible in your estimates. If you parents don’t file your taxes until late in the season, FSU will rely on the estimated info, and could make some significant changes to any awards when your finalized information is sent in, which could result in some shock.</p>