FAFSA?????

IF we have both parents, what would occur if we usually put a single relatives income for a FAFSA? What happens if we do not validate for a FAFSA?

Posted on July 20, 2009 at 12:46 pm by admin · Permalink
In: Tips · Tagged with: Fafsa

3 Responses

Written by Janet N
on July 20, 2009 at 12:46 pm
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You are supposed to use the income of the parent you lived with the most in the last 12 months.
If it was neither, you use the income of the one that gave you the most support in the last 12 months.
If you live with both parents, you must use them both. It doesn’t matter if they file sep. or married filing jointly. You would have to add their income together if they file married filing sep.
Written by secretke
on July 20, 2009 at 12:46 pm
Permalink

you can still fill it out if you don’t qualify… they will tell you
Written by Kim L
on July 20, 2009 at 12:46 pm
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If for some reason you do not qualify for financial aid than you can request information from your college about student loans (which usually do not ahve to be paid on until 6 months after you are graduated) or you can inquiry about work study programs and work on your college campus doing various jobs to pay for school. On the fafsa, your best bet is to include both of your parents because it could come back to haunt you if your form is audited. Good luck.

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