Just got rejected for requalification for cal grant...what are my options?

Paying for College
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<p>^^^</p>

<p>Agree…this family could be opening Pandora’s Box if they ask too many questions that reveal that THEY had not been reporting assets correctly for 7 earlier FAFSAs. The difference in EFC is significant if income didn’t change much. It suggests that somehow the rentals’ value wasn’t included in earlier calculations.</p>

<p>If one parent filled out FAFSA in the past, and the other parent filled it out this year, that may explain why the numbers changed a lot. The second parent may have filled it out correctly (including rental value), while the other parent had not been doing so. </p>

<p>It would be interesting to compare the FAFSA paperwork from the two years.</p>

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<p>OP- can you look up your FAFSA info the past two years and figure out the difference. With rentals you could have had all sorts of deductions that reduced your income one year, but if something changed, your income may have increased. Here is a link to the actual formula if you want to run the numbers:</p>

<p><a href=“http://www.ifap.ed.gov/efcformulaguide/attachments/101310EFCFormulaGuide1112.pdf[/url]”>http://www.ifap.ed.gov/efcformulaguide/attachments/101310EFCFormulaGuide1112.pdf&lt;/a&gt;&lt;/p&gt;

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<p>hungrybear, your situation seems similar to my son’s. He is transferring to a UC in a month and he just got a letter asking us to verify our assets. We rented out our house and moved, so it is possible he won’t qualify for CalGrant B right at the last minute. We’re researching options, but I guess we will submit statements showing debts and one asset (it’s been a challenging several years). </p>

<p>Yes, things are tightening up, and unless you are a student or a parent of one, you probably think this is a good idea. It isn’t. Everyone needs our youngsters to finish their educations.</p>