Late Financial Aid App.?

<p>So, I'm just back from the revolution that is going on in my country :). Obviously, every place from which I get financial material (Tax returns, bank statements, etc.) are still shut down since Jan.26. A very few places are getting back to normal life. Also, I have to provide a Farm/Business Supplement. My financial status is quite complicated. So, it's really almost impossible to submit my FA application by Feb.15.
So, Can my App. be late? Which date would be proper in such extenuating circumstances?
And what should I do with Farm/Business Supplement? Print and send a scanned copy?
Thank you.</p>

<p>haha nice start! :smiley:
We shouldn’t have left our financial aid application for the last time :S</p>

<p>Do I have to send the bank statement to MIT?
(I managed to get it from the bank, but I still need to translate it)</p>

<p>It can be, but you likely won’t receive your financial aid package with all the other students who submitted by the deadline, in case you’re admitted. I don’t think an exception would be made because of your circumstances. They will still meet your full need though, it’s just that you get the package late.
Make sure to submit it as soon as you can.
As for what you should do: [url=&lt;a href=“MIT Student Financial Services”&gt;MIT Student Financial Services]here[/url</a>].</p>

<p>Talk to Student Financial Services. Find out what they can and cannot move, and what the implications of all of this are. It is important to remember that at the end of the day there are people running this system. They have set processes, and those processes exist so that they can insure that they are being fair to all and so that they can demonstrate that they are being fair to all, but since fairness is the goal, they are often willing to listen to those who can demonstrate that in their particular case, the standard policies aren’t necessarily providing a fair result.</p>

<p>From the SFS Website:

</p>

<p>Talk to them.</p>

<p>Thanks.
Well, I e-mailed SFS, and they told me that I could be late. But they didn’t say anything about receiving a late package.
Do you have idea when students are regularly notified of their package?
And what is the disadvantage of a late package for international students?</p>

<p>

Normally it goes along with the admission decision (if you’re accepted), but Chris indicated on a thread in the forum that this year they might be around CPW (April 7th) so this is as of now unclear.

Generally, the only guarantee your package comes on time if you submitted by the deadline, because the applications are read in order received, if I’m not wrong. Submit after the deadline, and you’ll still get the package, though there’s no guarantee it will come on time. It very well might though, who knows.

The answer is in the question; the lateness is the disadvantage. Nothing else. By the way, there’s no difference between international and domestic packages.</p>

<p>If they said you could be late, then there might not get a late package. The advantage of getting an financil aid award by 1 April, it that it allows you to compare admissions offers fairly. If for example you got into the (fictitious) University of Lower Slovovia and also into Big State U., then your decision as to which offer to accept might be coloured by the knowledge that Lower Slovolvia will offer you a full scholarship, and Big State U will offer you $8.27, or vice versa.</p>

<p>The only advantage of the early package is to give you that information prior to deciding whether to accept an offer of admission.</p>

<p>OK. Thanks a lot.
In my country, my father is not required to pay taxes for his business, so there isn’t actually a tax return I can file (It might seem very chaotic, but that’s the case). My father’s business is the main source of income. I will, of course, file a Business Supplement. I e-mailed SFS about that and they told me that a Business Supplement is enough for verification. But, on the FA tracking, they still tell me that I have to file my tax return. My question is; are tax returns required from self-employed parents? and if so, what should I do in my case?</p>

<p>blog post going up about this today</p>

<p>[MIT</a> Admissions | Blog Entry: “It is not too late to begin applying for aid!”](<a href=“http://www.mitadmissions.org/topics/finaid/financial_aid/it_is_not_too_late_to_begin_ap.shtml]MIT”>http://www.mitadmissions.org/topics/finaid/financial_aid/it_is_not_too_late_to_begin_ap.shtml)</p>