<p>One of the schools I had applied for aid has sent me a form
requesting month-wise information on expenditures and income
after having received FASFA, CSS/Profile and complete IDOC
(with 2007 taxes).</p>
<p>yes, I understand they might give me a lot of money so I need to
comply with whatever they ask for...but wondering if this was
normal....seemed like a repeat of information in the other forms....</p>
<p>(My EFC amount was followed by a * indicating it was chosen for
verification)</p>
<p>Curious.</p>
<p>:)</p>
<p>this is usually asked for when you indicate that you have an income level that doesn't look like it can support the people in your family.</p>
<p>In otherwords, if you indicated that your parents income was $15,000 and you have a family of 5, they are going to wonder how the rent/utilities/groceries/etc get paid for. </p>
<p>they are trying to make sure there isn't any income that you haven't indicated and that your situation is what you say it is -- if you haven't lied, you are fine.</p>
<p>One of the schools that I used to attend did this same thing (for the same reason -- income looked too low to support the family). turns out that the family was living rent free in a large house that was "given" to them by family. somehow the title or whatever was set up so that the house was not an asset -- but the school could tell by looking (at income declared and address) that something didn't compute -- and asked for verification. When the family didn't list any income going towards rent/mortgage (and home equity of 0) they adjusted the aid and added in the usual amount of rent/mortgage for such a house in "additional income/gifts".</p>
<p>It seemed silly -- I don't know if they didn't have the house in their name to get more FA, but in the end it cost them since this was a FAFSA school -- and they don't count home equity in the primary house.</p>
<p>hsmomstef, :) thank you :) for your post! It was very helpful and helped
me understand what is going on. I am guessing my situation is not
going to be too unique given the state of the economy and feel sorry
for the aid officer if they have to do this for every single applicant in my
situation. </p>
<p>:)</p>
<p>yeah -- don't worry about it. As long as you were honest when you fllled out the figures, you are fine.</p>
<p>I do wonder, though, about people that make up stuff and think it will be believed. A kid at the community college I went to filled out the FAFSA and said both parents were dead and he had income of $0. Of course, they wondered how he lived (he was 20). They asked for verification and when he didn't get it in on time (I suspect he was trying to figure out what to say) they called is home -- after a ten minute talk with his mom, where she said he would be home from work shortly, he was suspended from the school for fraudulently filling out his info. Really -- did he think they wouldn't do a little checking?</p>