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Do My Parents Make Too Much Cash In My Situation To Submit The FAFSA?

Monday, June 22nd, 2020

Anyone who has been through the faculty application procedure has heard about the FAFSA. You probably have a lot of questions when it comes to the FAFSA. Don’t stress, you’re not by yourself. Ag e

We answer a few of these concerns within our FAFSA guide.

But one of the greatest concerns is: may i submit the FAFSA if my moms and dads have high earnings?

The answer that is short yes you are able to. Below we discuss why it is possible to and may constantly submit the FAFSA.

What exactly is considered a “high income”?

First things first, there’s absolutely no earnings restriction with regards to the FAFSA. Every person should make an application for school funding, no matter your or your parents’ income. Edvisors wittily claims you need to make an application for educational funding, “unless your moms and dads earn much more than $350,000 per year, do have more than $1 million in reportable net assets, have actually just one young child in university and that kid is enrolled at a general general public college. ” Just then would publishing the FAFSA do very little good, since the $15,000 a for state school would seem like nothing year,