From the e-mail I just received:
Quote:
Your Free Application for Federal Student Aid (FAFSA) has been processed and the data will be made available to the school(s) listed on your FAFSA. The financial aid office at your school will contact you if additional information is required.
Your Student Aid Report (SAR), which contains a summary of your FAFSA information, is now available for you online. Review your SAR as soon as possible to see if any additional information or corrections may be needed. You must confirm the accuracy of the estimated income information you or your parent reported on your FAFSA after you complete your 2007 tax returns. After comparing the information on your FAFSA with the information on your tax return, you must correct any FAFSA information that is not accurate and you must also update FAFSA questions #32 (#76 for parents) to "already completed" to indicate that your information is now based on completed tax returns.
So my school will have the info and can start working with it but I need to update it as the information is available.
There's no flag on the FAFSA form stating that my tax info is incomplete or estimated so there's no reason for them to put it "On Hold". Obviously it's up to me to correct it as soon as possible though since failing to do so risks having them check my records and whatever action comes after finding them false.
Edited, Jan 3rd 2008 12:30pm by Jophiel