<p>I'm starting tomorrow. Can I get it done in one weekend?</p>
<p>You can get it done in a few hours if you have all your financial info right at your side. </p>
<p>First you need to get a pin # for the parent and the student, each. Then you have to create passwords. For me, it got pretty confusing because it kept having me try to create a new password. However, I put in the password that I chose and it finally worked (you will see what I mean when you do this...it is aggravating).</p>
<p>I worked on FAFSA a couple of hours. I do have to say that I was afraid to send it because I was estimating my tax info and I wanted to make sure that this was ok. I plan on spending approx 1/2 hour this w/e finalizing everything and sending it out to the schools.</p>
<p>Now, I have to modify the Profile. I needed to do it for one school in Oct. Now, that I have more info on my income, I need to make changes.</p>
<p>Good luck.</p>
<p>Yea. It'll only take a few hours. I just started yesterday.</p>
<p>I went to the separate website to apply for a PIN. How do we know when our PINs have been verified, or whatever the process may be? email? regular mail? how long does it take?</p>
<p>If you already have your PINs, it depends on how detailed your financial situation is. It took my son and I about an hour spread over two nights. (We had to come back to it because I had misplaced the last paycheck stub of the year after setting it aside so we'd have it for the FAFSA.)</p>
<p>When my W-2 comes in, I'll pop over to Turbotax and do my taxes and then do a FAFSA revision. We don't wait until then because by then, my son's aid will be in his bank account and I'll have more money in mine from a payday, and of course, we always wait until cash on hand is at the lowest to file the FAFSA!</p>
<p>i would like to apply for financial aid, but my father is currently married to his 2nd wife and she owns a house and the valus is 6 hundred thousand dollars and the equity is 230,000 dollars. Will I still be able to apply for a full financial aid to a private school.</p>
<p><<we always="" wait="" until="" cash="" on="" hand="" is="" at="" the="" lowest="" to="" file="" fafsa="">></we></p>
<p>you know it's bad when you are looking forward to the making the housing deposit on fall 2008, paying for summer 2008 housing and classes.</p>
<p>I think I'm really getting close to the income protection level :-) oh boy!</p>
<p>Do not include the home you live in as an investment.</p>
<p>sueinphilly: It's an old habit, you know, dating back to when I was in college, to always file when the bank accounts are empty. <em>grin</em> I know it's probably not necessary because of the automatic threshhold stuff now, but it's still a habit.</p>
<p>FAFSA time: an hour and a half. But that was after all info. was gathered for the CSS Profile, and I used the Profile worksheet to help.</p>
<p>Have y'all seen or heard that a couple of presidential candidates embrace the idea of just adding a checkbox for FAFSA to income-tax filings? I'm sure it'd be a little more complicated than that, but the idea of providing information once and using it for FAFSA and taxes seems brilliant. Not sure who came up with it originally.</p>
<p>
[quote]
i would like to apply for financial aid, but my father is currently married to his 2nd wife and she owns a house and the valus is 6 hundred thousand dollars and the equity is 230,000 dollars. Will I still be able to apply for a full financial aid to a private school
[/quote]
</p>
<p>You can (and should) certainly apply for financial aid.</p>
<p>For FAFSA you will have to report assets and income for the parent (and spouse if there is one) you live with. The primary residence is not reported as an asset in FAFSA but if there is a second home it will be reported as an asset.</p>
<p>For schools requiring profile (most privates) you will have to report the income and assets of both parents and their respective spouses. And you will have to report the houses.</p>
<p>TrinSF mentioned elsewhere that due to handwriting problems of her S she she she had to fill the forms herself. So, clearly the time she spent will be more than what an average person would need.</p>
<p>Took me a couple of hours, online.</p>