Those who have experienced the faculty application procedure has been aware of the FAFSA. You probably have a lot of questions when it comes to the FAFSA. Don’t stress, you’re not by yourself. E
We answer a few of these concerns inside our FAFSA guide.
But one of the greatest concerns is: Can I submit the FAFSA if my parents have income that is high?
The quick response is yes you can easily. Below we discuss why you can easily and really should constantly submit the FAFSA.
What exactly is considered a “high income”?
First things first, there’s absolutely no income limitation regarding the FAFSA. Everybody should make an application for school funding, regardless of your or your parents’ income. Edvisors wittily claims you need to constantly 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 web assets, only have one youngster in college and therefore child is enrolled at a general public college. ” Just then would submitting the FAFSA do very little good, as the $15,000 a for state school would seem like nothing year,
That said, there’s a complex formula tangled up in determining educational funding. Continue reading Do My Parents Make Too Much Money In My Situation To Submit The FAFSA?