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I am starting college in the fall, and I really need to find a program for a student loan. I went to apply for FAFSA today, which it needed my parent’s social security numbers, but my parents are very cautious of giving their social security numbers (which is understandable and responsible, I guess), and they told me that just by providing this can lower their credit score. I don’t believe this, and it really doesn’t make sense to me.

I really don’t see how I’m going to get ANY student loan without providing my parent’s social security numbers. I really do not know much about credit reports/scores, so can someone please help me with this?

4 Thoughts on Parents do not approve of FAFSA?
  1. Reply
    Disco Stick
    August 24, 2011 at 8:34 am

    Your parents are making up an excuse to not give their SS to you. My parents gave me theirs, nothing happened to them. NOTHING happens, they just want to make sure you are an actual person, basically instead of showing them your ID you give them your SS. You need to educate your parents that the FAFSA is a FEDERAL financial aid program and you’d get subsidized loans from the government by providing their SS’s.

    It wouldn’t affect their credit at all.

  2. Reply
    nikki r
    August 24, 2011 at 9:33 am

    my parents were the same way with the same program when i asked for there ss # they were like WHAT! why do they need that but then i found out they only need it to make sure that you are who you say you are and if you are low income like me it proves that you are low income but i sat down with my parents and told them that any ohter site would sak for the same stuff and i explained to them why this site needed it and so they understood once i explained it and they gave it to me and it was a done deal so try sitting down and talking with your parents about it nothing happen to my parents and nothing will happen to yours so just explain it to them maybe they will understand. hope this helps.

  3. Reply
    just not that
    August 24, 2011 at 9:43 am

    Your parents are probably assuming that the fafsa is an actual loan application (for them) to get loans for you for school… (yes it is true that SOMETIMES a persons credit score is lowered by a very large number of loan applications submitted in a short amount of time). It sometimes signifies trouble to lenders (perhaps a person just lost their job or their identity was stolen).

    But you need to tell them that the fafsa is NOT a loan application (so the fact you filled it out isn’t given to the credit agencies). Because of this, giving their social security numbers will NOT effect their credit score at all.

    I wouldn’t call it responsible… it’d call it paranoid. People are way uptight about this SSN thing, I still remember when peoples Drivers License number was their social security number. There it was… for everyone to see… along with your address and other personal information. Yes, people even used to print their Drivers lic number on their checks!! ::rolling eyes:::

    The fact is without their SSN’s you will not be able to get any kind of federal or state financial aid. If they can pay for your school outright, then this is not a problem. If they can’t (and you have no money saved) then you are going to have to do something to convince them.

    PS: Most folks who start school in the fall did their fafsas back in Feb and March. You need to get on this. Applying for aid is a process… that takes TIME. Sometimes months from beginning to end. The longer you/they wait the chances of you actually going NOWHERE to school is huge.

    If you can’t convince the folks on your own, call your schools fin aid office and explain and then hand the phone to mom or dad and they can back you up and reassure the folks. They do this a lot when parents are being unreasonable and ignorant. (note: responsible is NOT a word used here) They are prob costing you free money here!!

  4. Reply
    tngandhkm
    August 24, 2011 at 9:50 am

    Your parents are being obstinate. They are actually creating a huge obstacle towards you qualifying for federal student aid. You won’t qualify for federal student aid without their cooperation. Good luck.

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