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FAFSA federal aid

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  #1  
Old 01-07-2010, 01:52 AM
rplets15's Avatar
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Default FAFSA federal aid

Hey does anyone know what the maximum amount of money made in a year to qualify for FAFSA? My brother thinks its $12,000, so if I was to make more than that I could not get any money from FAFSA, does anyone know if this is true or not?
 
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Old 01-07-2010, 02:06 AM
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it all depends... they dont give you an actual dollar amount after you fill it out. It depends on if your parents still claim you on taxes, and a bunch of other stuff.

I did a program called A+, where the state will pay for 2 free years of community college. The program rules say that you have to fill out a FAFSA each year, to make sure that the fed govt wont pay for you first. Even tho I only work about 30 hours a week, and am not claimed by my parents on their taxes, I still dont get federal aid.. I think its more of a combination of income, taxes, and deductions.
 
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Old 01-07-2010, 11:11 AM
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well you have to file according to your taxes, you can't just put down a number. you can put any random number for the average amount of money you have in your savings account though.
 
  #4  
Old 01-07-2010, 05:35 PM
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Yeah I know it involves a lot of different things but i was just making sure that there wasnt a set dollar amount that if I made more than so much i wouldnt get any aid. Thanks guys.
 
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