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Thousands of students may be denied aid due to FAFSA confusion

(Toledo News Now) -

Thousands of college students applying for financial aid could be denied due to some confusion on this year's FAFSA form.

Across the country, at least 165,000 students applying for aid may have accidentally put down that they make more money than they actually do. Now college officials are encouraging students to double check their forms.

This year's FAFSA requires applicants to enter the cents portion of income in a separate box than the dollar amount. Many people are missing that extra box, though, and put two zeros at the end of their salary in the dollar amount box. When they do that, the system recognizes a person who makes $20,000 as someone who makes $2,000,000.

"We would want all students to verify their information, check their award information, make sure it looks right based on what they know their income is," said Betsy Johnson, vice president of Student Services at Owens Community College. "If they have questions, that's when they call us. We can help them verify it, pull out their tax information and just double check it."

Johnson says she hasn't heard of any Owens students running into the issues yet, but says it's something to look out for.

If you realize you made a mistake on the FAFSA, it's not too late to re-apply.

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