What is the income threshold for a family before financial aid is not offered to a student?
A. There is no income threshold for student aid eligibility. All of the questions on the FAFSA are used to determine the Expected Family Contribution which results in the financial aid award put together by the school. A family may have too much income to be awarded a Pell Grant, but this does not mean that they will not be eligible for other types of financial aid.
There is no income threshold for student aid eligibility. All of the questions on the FAFSA are used to determine the Expected Family Contribution which results in the financial aid award put together by the school. A family may have too much income to be awarded a Pell Grant, but this does not mean that they will not be eligible for other types of financial aid. At a minimum, application for Federal Student Aid, via the FAFSA, will result in eligibility in the Federal Stafford Loan Program. • My parents are separated or divorced. Which parent fills out the FAFSA? The parent you lived with most during the last 12 months. If you didn’t live with either parent, or if you lived with each parent an equal number of days, use the parent who provided the most support to you during the last 12 months or during the most recent calendar year that you were actually supported by a parent. • My parents are divorced, and the parent I’m living with has remarried. Does my stepparent have to report his
Related Questions
- What is the standard amount of annual income or the asset level for a student and his/her family that will make them eligible (or ineligible) for financial aid?
- What is the income threshold for a family before financial aid is not offered to a student?
- Is a student with a high family income able to receive any financial aid from the FAFSA?
