Our fees are not for the completion of the financial forms, but rather for our expert financial planning and consultation services.
Not all clients will be eligible for aid. If you are eligible for financial aid and/or we implement strategies to increase your aid eligibility we don’t and cannot guarantee any financial aid. This is because each college determines their own award packages; however we do unconditionally guarantee your satisfaction of our services and professional approach.
Other professionals that may implement any strategies there will be a minimum charge of $150 and you will be continually billed at $75 per 1⁄2 hour for that type of consulting. If you do use a source outside our firm, OMH accepts no responsibility or liability to the suitability of the investment or strategy or insures that any or all accounts are set up accurately with regards to the financial aid strategy being implemented, retirement and/or investment goals. We will require verification of accounts before any forms are completed.
We also reserve the right to refuse to complete any financial aid forms for any reason we deem necessary, and reserve the right to terminate this agreement at any time without refund of any monies paid. Client is to provide material that is complete, accurate, and timely as to all requests. OMH does not accept any liability due to inaccurate, false, or fraudulent material. At any point we retain to right to verify information that is being provided. If information cannot be satisfactory verified, considered false, or fraudulent then we retain the right to refuse completion of any forms. It is the client’s responsibilities to provide all required statements, tax returns, docs, etc. It is the client’s burden to provide verification if required either by OMH, College/University, the Department of Education (FAFSA), or the Internal Revenue Service.
Client is solely responsible for getting both a student FSAID and one Parental FSAID. You can go to www.fsaid.ed.gov to apply and register for the Federal Student Aid ID. No FAFSA can be signed, modified, or corrected electronically without both FSAID’s, please register and have them as soon as possible senior year in high school. FSAID’s are specific for the student and either parent and not to be disclosed per FSAID disclaimer. OMH does not help in any way to set up those FSAID’s, or receive them from the client. Client will create a save key that will allow access to the FAFSA electronically.
Limited Power of Attorney: AUTHORIZATION TO ACCESS THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) ELECTRONICALLY. THIS POWER OF ATTORNEY IS FOR PARENT(S) AND STUDENT(S) (AGE 18+) AND UNDERAGE STUDENT(S) BY PARENT(S) OR GUARDIAN(S): We/I as parent/guardian of the student or parent/student do hereby authorize and give permission to OMH, an Illinois Corporation authorization to act on our behalf as an authorized user for the sole purpose of filing the FAFSA electronically. That would include to utilize, enter, or disclose my child’s or parents/students personal and financial information in order to file any new applications, renewals, make any updates, check filing status, or any other modifications on the FAFSA. Therefore, I hereby approve constitute and appoint OMH said power of attorney and shall provide full power and authority to OMH to perform any and all acts utilizing the FAFSA electronically for all intents and purposes as I might or could do if personally present at the doing thereof, with full power of ratification and confirmation that my power of attorney, OMH shall lawfully do, or cause to be done by virtue hereof. Parents/Students/Guardians agree that OMH is considered to be held not liable or responsible for any disclosure that the parent/student/ guardian decides to provide under their direction and initiation with regards to any material associated with filing the FAFSA. It is the responsibility of the parent/student/guardian to understand any and all disclosure of information with regards to filing the FAFSA and agree they are voluntarily providing that information to OMH. You agree to hold OMH harmless and not liable for any such disclosure that you decide to disclose. Power of Attorney’s are considered in force and agreed upon until they are withdrawn and revoked with a written and signed statement by either said parent/student/guardian or a representative of OMH.
We hold privacy and your personal information to the highest level possible and all of our database information is stored and backed up off site in a secure location. We do everything we can to protect ourselves and our clients, but we do not accept any liability for loss of data that is beyond our control.