I am a parent - first experience of FAFSA.
I forsee initially inputing estimated income data and then updating it when my tax return is filed.
My question is - will the "cash available" need to be revised for the new date, or is the original submission retained?

Answering my own question:
I used the FAFSA help messenging, which worked great: The cash declaration date is that of the original submission - it does not get updated when you update the tax return data.

The FAFSA requires your asset information as of the original date you submit the FAFSA. It cannot be updated if changes occur later.

Since the income information typically has to be estimated, you are supposed to update that once your taxes have been done.

Steven Blank
College Financial Aid Consultants
29 Ives Hill Court
Cheshire, CT 06410
203-250-7761