i just want to say of all the FAFSA videos, you are the most PRACTICAL videos around. Never made to just get views, you clearly give “ real life” scenarios out here.
I wish I would have found you on Monday while I was filling out my fasfa for returning back to school! I was definitely way to honest and it came back and bit me so hard 😭
Ed, I am PhD students, and my financial aid office held my funds, until it expires, then called yesterday and told they are hold me responsible for monies, they sat on since 3/26/2022. Plus, I am school teacher, so I shouldn't be charged at all right.
Hi, if me and my wife are separated but not legally, and we still file a tax return together as married but the kids live in one household, 60% and the other household 40% do we both put our information on the FASFA form or just the one parent where the kids spend the most time with 8:55
In my fafsa I say that I have a bachelor degree because I didn't understand English well in that time I was new in this country and my first language was French it was on 2020. Now I change it and write that I am a first year college. They ask me to give the prove to my bachelor degree and I don't know who to answer.
Wow this was such an informative video. Thank you! Well I already did my FAFSA for my daughter for this year and wish I had seen this prior. Although I do believe I did most of it correctly . One part of it that I was a little stumped on as to how I should answer was when it came to the part about how many are my dependents in household. I am divorced and have one other child whom I have custody of but at income tax time my ex claims him as his dependent. I claim our daughter. So he felt on the FAFSA I shouldn’t include my son . I felt I should but really wasn’t sure! Great video 👍🏼
Thank you Ed if you’re FAFSA comes back that you cannot contribute anything to college zero and it’s a public university starting around 30,000 a year how much would you expect to get in grants and non-repayment loans in with the student have to take a student loan out to repay anything down the road thank you
If I am about to fill out the FAFSA in December 2023, but I haven’t reported my 2022 taxes as I have an extension, I only have the 2021 taxes, what can I do?
I am helping a new refugee family fill out the FAFSA. They were moved here from Afghanistan last August as the US pulled out of that country. The student and parents had no US income in 2020. How do we report this on the FAFSA? Student and parents are permanent residents (green card holders) and have SSNs. Can we simply use the IRS download tool to show no income?
I'm a care taker and I plan on going to school soon and I was going to fill out the FASFA I was wondering since I'm older then 24 and I do live with the elder of the house do I even need to fill out the parent section?
Thanks Ed, very informative. Getting ready to fill out the forms for this year. I have twins going off to college and a daughter in her first year of grad school. How do I show I will have 3 students in college? My daughter is not in the household(away at school). but we still support her.
God bless you and all your undertakings, Ed! I’m a first-gen parent of a Junior and slowly starting to get anxious as senior year draws nearer. I feel like we all have a friend holding our hand as we go through this seemingly arduous process.
Hi, I didn't know SASA could actually. So security could put a 3 day hold on it to make it where you don't know how much you get is that true because it happened to me, and now I'm not in school when I should be, and I don't know how to figure out what my loan was available for, because it only let me fill out to a certain point before it said, give Social Security 1 to 3 days to decide whether I'm gonna get my fast FAFSA
We own one home that we rent out, and our primary residence we do not own, and we pay rent (California real estate). How would this be treated on the FAFSA, and is there any way to treat the one home we own as our primary residence or to not count it as an asset on the FAFSA? Thanks!
if you have only Roth IRA, not 401k nor T-IRA, do you put the amount of contribution to Roth IRA in the section of 92a question? contribution to tax deferred pensions and retirement savings.
Thank you kindly for the provided information. Just a quick question, when the app was completed and I printed it for my records, I realized that I missed a question abt medicaid and free lunch. Did I really missed it, or nor? I tried going back but couldn't see it
Ed, thank you for this very useful information. In regards to one-time inheritance money that I listed on my FAFSA, is there anything I can do about it affecting the EIC since most of the inheritance money went into a retirement account?
If it went into inheritance it would of had very little impact for the fafsa. It would of had a bigger impact on the CSS Profile though for some colleges.
I have a question about listing our savings account. In 2020 we took out an extra mortgage of $40,000 to pay off MY student loans and then student loan forebearance was extended and we waited to see if Biden cancels $10,000, So it looks like we have a huge savings account but it is slated for my student loans, which are still in limbo, waiting on Biden's forgiveness. Do we count this mortgage loan money in our savings? Also, we no longer claim our son on our taxes but he does live at home. Does this work to his benefit? if so, how
My son is going to college next year I have 35 k in my total accounts what should I do to maximize the grant. No assets no mortgage but many bills income around 40k with a family of five
@@edzamoracollegeprepchannel3820 but it’s different if you want to buy a car? You could have 20k towards a car when u complete the form and u say don’t report it. Yet let’s say after we complete the form, 6 months later for whatever reason , we don’t end up buying the car. Then what? Is That ok? Same could be w a house. Let’s say you have 50k & u r looking to buy a House. But those plans fell through after you completed the form. The same rule should apply if you have money allotted for a big purchase. Thx for responding. Completing this form isn’t all black & white it seems. Unless a house doesn’t count the same way a car does. Certainly confusing.
I was told by my school to make my FSA ID, I made it and now on the last step of completing my FAFSA application. I can’t submit my application because I didn’t know a “Parent account” had to be created as well now I can’t create a parents account due to my mothers SSN being already inputted in my application. HELP please..
Hi Ed, how do you or Not have to include if a grandparent has saved a 529 for grandchild and used to pay some tuition balance and the extra is put into a savings account for future semester expenses or carry over to next semester or year. Do you have to include in FAFSA since money is in students savings acct.Thanks
I share custody 50/50 with the father of my two children. On taxes he claims one child and I , the other. For the college aged child, does the custodial parent for the FAFSA form have to be the one that claims him on the tax return? Our salaries are very different. Can we just use the parent with the lesser income? And can we do this when our second child also needs FAFSA?
Thank you Ed. If you could answer my question, it would be appreciated. Parents have a small business registered as inc. with just a few employees. Also parents have an LLC which owns the building/property. This property is used solely by the small business as a place of operations. (Property mortgage is halfway paid off) Since small business does not have 100 employees, assets and so on do not need to be reported to FAFSA. Does LLC property need to be reported to FAFSA or not?
I am confused by the question "How much did your Parent 1 (father/mother/stepparent) earn from working (wages, salaries, tips, etc.) in 2020?" My husband is retired and receives Social Security income. Is SS considered "earned from working wages"?
Thank you Ed for explaining this. I'm completing the FAFSA for 2022-23 on my own this year since I'm an independent. When I got on the dependency section, it asked about being homeless or self-supportung and at risk after July 2021 but it asks for tax info in 2020. I moved out of my parent's house in Aug. 2020 which means I was a dependent for most of 2020 but I was self sufficient for all of 2021. I don't know if this is an error in the system but 2021 tax returns should be used for the 22-23 school year. I want to get the maximum amount of aid since I am supporting myself entirely. Can you make a video about filling out the FAFSA for independent students please? Thank you!
I was wondering the same exact thing. I thought why are you using 20 taxes. I called the school and they sent me an exception paper to explain why 20 was different that 21
For parent income. I get a W2 but my husband business is an S corporation and has nothing on the 3 lines indicated. Do I just report my wages. Does the IRS document override the manual enteries?
My husband an I have been saving for a down payment on a house the past year and hope to purchase a home within next 6 months to a year. The money is in an online savings so we won't touch it. Should I report that monies? Our daughter is a senior in high school this year and we are planning to apply for FAFSA by end of this month.
All of these videos are so incredibly helpful. Thank you. I am watching now to learn about the college rankings I'm a bit late submitting FAFSA as I know it opened 10/1. Does this hurt me/my son?
I have a question what if my parents took out money out of his 401k but it still is in his bank account do I still have to put that amount as his assets
When it comes to savings and mutual fund investment accounts, i have heard some people put them in Life Insurance accounts? Would this mean you don't have to put this money on your FAFSA like you woulda IRA?
Do you know what’s the most money someone can obtain for semester. I’m receiving 3550 for fall, 3550 for spring and 3500 for summer. My EFC is 000. Is this the most, I can get?
Can we still correct the FAFSAfor this school year. We put almost everything. My son is freshman in college and we just paid out of pocket. No financial aid.
Hi Ed, thank you for the video very informative. What do u think my daughter 15,5 years old in the 10 grades, can we apply for FAFSA for the 🤓private school, if the answer is yes, will it affect years later for a University scholarship for another FAFSA, when she finishes school and heads up to university?
ed, just wondering if friend lives with me who has fafsa child that lives on their own but they use my address and i am filling out now for my child will this effect any aid or household numbers adversely?
I have a question about #7 mistakes, you mentioned more people living in the house will drag down Pell Grant? So fewer people will help increase the Pell grant？ Thanks
Hi, we have a college savings account for our daughter who is applying for FAFSA, do we have to declare that in the form because one of my friend said that we don’t have to. Thanks.
I was filling my FAFSA as an dependent and I countered with this question Has it been determined by a court in your state of legal residence that you are an emancipated minor or that someone other than your parent or stepparent has legal guardianship of you? (You also should answer “Yes” if you are now an adult but were in legal guardianship or were an emancipated minor immediately before you reached the age of being an adult in your state. Answer “No” if the court papers say “custody” rather than “guardianship.”) What should I do …. I don’t have legal papers that says anything … need help
If I am separated and living in different homes, the FAFSA form does not seem to want to import my tax information. Is there a way to get this to work or does this scenario mandate manual entry?
Thank you for the info.. Been watching several videos similar than this but none of them talk about the scenario if you are married. Do I need to tell the how much money we have in the bank? It's technically my husband money since I didn't work. I want to go to school so I can get a better job in the future. Don't want to rely to my husband on everything . Tried the Federal Student Aid Estimator to see if I can be qualified for Pell grant and put all the information needed including how much asset we have .I put in saving accnt info etc. and the result for grant estimator came out zero dollars??? Am I too honest .? I'm afraid to fill up the FAFSA form and make mistake especially on this assets part.. Can I not include Saving Accnt Assets since it's not my personal money anyway?
I just realized we made the mistake on 401K. It’s April now. College has already processed our fee according to it. Can we still go back and change the mistake? I need to apply for parent loan soon too.
Any recommendations on filling out the Fafsa now with 2020 High income numbers or waiting until January and filling out with much much lower 2021 income numbers?
This helped a lot! Cedar Grove HS in NJ. Class of 2023
I finally find a video that explain exactly what to consider before put the balance of my accounts. Thank you so much!
i just want to say of all the FAFSA videos, you are the most PRACTICAL
videos around. Never made to just get views, you clearly give “ real life” scenarios out here.
Thank you for watching I appreciate it
Thank you!! David Brearley highschool Kenilworth, NJ June 2024
THANKS, Class of 2022, Senior at Middlesex High School, Middlesex, NJ
Thank you for watching your high school has been counted
Thank you, Pequannock Township High School senior, 2022
Thank you for watching your high school has been counted
I wish I would have found you on Monday while I was filling out my fasfa for returning back to school! I was definitely way to honest and it came back and bit me so hard 😭
It's ok you have to do the form every year
Super helpful Ed! I wish I had seen this video when I was doing the FAFSA for my oldest several years ago!!
Thank you for watching
24 times to work with case 8 mistake accounting office is form available parents need to verify how much saving but
Thank you for this extremely helpful video!
Ed, I am PhD students, and my financial aid office held my funds, until it expires, then called yesterday and told they are hold me responsible for monies, they sat on since 3/26/2022. Plus, I am school teacher, so I shouldn't be charged at all right.
Great information!! Pequannock Class of 2023!
Thank you for the great information and answering the questions.
Thanks Ed - very useful info as we gear up for the fafsa - opening tmw! Our daughter is a Montclair HS senior
Thank you for watching and letting them run. Your High School has been counted.
Hi, if me and my wife are separated but not legally, and we still file a tax return together as married but the kids live in one household, 60% and the other household 40% do we both put our information on the FASFA form or just the one parent where the kids spend the most time with 8:55
Thank you for reminders but you should add small business exclusion of business assets if smaller than 100 employees.
Can a self-employed with 0 employee put networth as $0 on fsfsa parent section if they get paid as therapist when a service is provided.
Great info. Thanks. Roxbury high school senior.
Thank you for watching and helping the scholarship fund. Your school has been counted.
In my fafsa I say that I have a bachelor degree because I didn't understand English well in that time I was new in this country and my first language was French it was on 2020.
Now I change it and write that I am a first year college. They ask me to give the prove to my bachelor degree and I don't know who to answer.
Wow this was such an informative video. Thank you!
Well I already did my FAFSA for my daughter for this year and wish I had seen this prior. Although I do believe I did most of it correctly . One part of it that I was a little stumped on as to how I should answer was when it came to the part about how many are my dependents in household. I am divorced and have one other child whom I have custody of but at income tax time my ex claims him as his dependent. I claim our daughter. So he felt on the FAFSA I shouldn’t include my son . I felt I should but really wasn’t sure!
Great video 👍🏼
Count all your children on the household size as long as they are under 24 years of age
Thank you Ed if you’re FAFSA comes back that you cannot contribute anything to college zero and it’s a public university starting around 30,000 a year how much would you expect to get in grants and non-repayment loans in with the student have to take a student loan out to repay anything down the road thank you
This is very helpful. Thank you.
My daughter goes to Donovan Catholic.
Thank you! Very helpful!
Thank you for this good info!
Thank you for watching
If I am about to fill out the FAFSA in December 2023, but I haven’t reported my 2022 taxes as I have an extension, I only have the 2021 taxes, what can I do?
How to enter net worth info on fafsa if one spouse is self employed?
I am helping a new refugee family fill out the FAFSA. They were moved here from Afghanistan last August as the US pulled out of that country. The student and parents had no US income in 2020. How do we report this on the FAFSA? Student and parents are permanent residents (green card holders) and have SSNs. Can we simply use the IRS download tool to show no income?
Hi Thomas have them reach out to me or you can 908-400-1363
Excellent video! Thank you!
Thank you !u just clarified so much for me..
Thank you for watching and helping the scholarship fund.
shared your channel with friends! Great Info! Immaculate Heart class 2023, 2024
Thank you for watching and letting them run. Your High School has been counted.
Wow! Just emailed you because of another video and I find a new one only 1 day old...SCORE!
Thank you for watching your high school has been counted.
What do you do if you accidentally double counted assets as you said, but you submitted the form already? Is there a way to cancel the form?
What if the parents are married filling joint but live in different condo? How do I apply that in fafsa. THANK YOU VERY MUCH!
You can indicated separated if they are not together and only count one parents info
I'm a care taker and I plan on going to school soon and I was going to fill out the FASFA I was wondering since I'm older then 24 and I do live with the elder of the house do I even need to fill out the parent section?
Thanks Ed, very informative. Getting ready to fill out the forms for this year. I have twins going off to college and a daughter in her first year of grad school. How do I show I will have 3 students in college? My daughter is not in the household(away at school). but we still support her.
Where do you find answers to question about IRS TRANSFER FORM?
On the fafsa it will direct you to use the IRS Retrieval tool
Thanks for the video Ed! Roxbury High School 2022
Thank you for helping the scholarship fund your high school has been counted
Always so helpful
Thank you for watching and helping the scholarship fund.
what how many excempions in your taxes means?
Great information!
Thanks for watching! And helping the scholarship fund.
God bless you and all your undertakings, Ed! I’m a first-gen parent of a Junior and slowly starting to get anxious as senior year draws nearer. I feel like we all have a friend holding our hand as we go through this seemingly arduous process.
Thank you for watching I'm glad I can help.
Thank you for your wonderful informative videos. As a disabled parent how would this effect the FAFSA if at all?
Very likely your SSI would not count on the form
Hi, I didn't know SASA could actually. So security could put a 3 day hold on it to make it where you don't know how much you get is that true because it happened to me, and now I'm not in school when I should be, and I don't know how to figure out what my loan was available for, because it only let me fill out to a certain point before it said, give Social Security 1 to 3 days to decide whether I'm gonna get my fast FAFSA
Thank you so much!
We own one home that we rent out, and our primary residence we do not own, and we pay rent
(California real estate). How would this be treated on the FAFSA, and is there any way to treat the one home we own as our primary residence or to not count it as an asset on the FAFSA? Thanks!
if you have only Roth IRA, not 401k nor T-IRA, do you put the amount of contribution to Roth IRA in the section of 92a question? contribution to tax deferred pensions and retirement savings.
For the fafsa any amount put into retirement they want to know about for that year
I’m divorced and have 50-50 custody. 50% of the year both my children are with me how do I answer the household size?
Count them in the household size
Great info. Thank you! Kinnelon High School Class of 2022
Thank you for watching your high school has been counted.
Thank you kindly for the provided information. Just a quick question, when the app was completed and I printed it for my records, I realized that I missed a question abt medicaid and free lunch. Did I really missed it, or nor? I tried going back but couldn't see it
Great video
Thank you for watching
Ed, thank you for this very useful information. In regards to one-time inheritance money that I listed on my FAFSA, is there anything I can do about it affecting the EIC since most of the inheritance money went into a retirement account?
If it went into inheritance it would of had very little impact for the fafsa. It would of had a bigger impact on the CSS Profile though for some colleges.
I have a question about listing our savings account. In 2020 we took out an extra mortgage of $40,000 to pay off MY student loans and then student loan forebearance was extended and we waited to see if Biden cancels $10,000, So it looks like we have a huge savings account but it is slated for my student loans, which are still in limbo, waiting on Biden's forgiveness. Do we count this mortgage loan money in our savings? Also, we no longer claim our son on our taxes but he does live at home. Does this work to his benefit? if so, how
Fantastic as always -- thanks so much for this super helpful information. Hanover Park Class of 2022.
Thank you your high school has been counted.
My son is going to college next year I have 35 k in my total accounts what should I do to maximize the grant. No assets no mortgage but many bills income around 40k with a family of five
what if you got a decent inheritance and want it to buy a house within the year. What happens if you don't end up buying a home?
You would have to report the monies when you fill out the form.
@@edzamoracollegeprepchannel3820 but it’s different if you want to buy a car? You could have 20k towards a car when u complete the form and u say don’t report it. Yet let’s say after we complete the form, 6 months later for whatever reason , we don’t end up buying the car. Then what? Is That ok? Same could be w a house. Let’s say you have 50k & u r looking to buy a House. But those plans fell through after you completed the form. The same rule should apply if you have money allotted for a big purchase. Thx for responding. Completing this form isn’t all black & white it seems. Unless a house doesn’t count the same way a car does. Certainly confusing.
I was told by my school to make my FSA ID, I made it and now on the last step of completing my FAFSA application. I can’t submit my application because I didn’t know a “Parent account” had to be created as well now I can’t create a parents account due to my mothers SSN being already inputted in my application. HELP please..
Hello Boston College High here, where do you put government subsidies in the FAFSFA fom?
Do you mean Social Security or Medicaid?
👍👍 two thumbs up, thanks
Thank you for watching and helping the scholarship fund.
Hi Ed, how do you or Not have to include if a grandparent has saved a 529 for grandchild and used to pay some tuition balance and the extra is put into a savings account for future semester expenses or carry over to next semester or year. Do you have to include in FAFSA since money is in students savings acct.Thanks
Thanks, your videos are very helpful!
Glad you like them!
How to we go back and correct financial mistakes on the FAFSA?
You can log back in as the student and make corrections to the fafsa form
Hi I was wondering how to handle the Fasfa when your child has bonds Thank you
Bonds would go in the investment section it's the 2nd question.
I created my fafsa id, but now as my parents want to create their ID it shows, the SSN is already in use. What should I do?
I share custody 50/50 with the father of my two children. On taxes he claims one child and I , the other. For the college aged child, does the custodial parent for the FAFSA form have to be the one that claims him on the tax return? Our salaries are very different. Can we just use the parent with the lesser income? And can we do this when our second child also needs FAFSA?
Since it's 50/50 you can use either parent it does not matter for this academic year who claims the student. But starting next year it does.
Thank you Ed. If you could answer my question, it would be appreciated. Parents have a small business registered as inc. with just a few employees. Also parents have an LLC which owns the building/property. This property is used solely by the small business as a place of operations. (Property mortgage is halfway paid off) Since small business does not have 100 employees, assets and so on do not need to be reported to FAFSA. Does LLC property need to be reported to FAFSA or not?
Hi! Can we update our FAFSA before school year starts? Our financial situation has changed since we originally filed. Thanks
Great info
Thank you for watching and helping the scholarship fund.
I am confused by the question "How much did your Parent 1 (father/mother/stepparent) earn from working (wages, salaries, tips, etc.) in 2020?" My husband is retired and receives Social Security income. Is SS considered "earned from working wages"?
Thank you Ed for explaining this. I'm completing the FAFSA for 2022-23 on my own this year since I'm an independent. When I got on the dependency section, it asked about being homeless or self-supportung and at risk after July 2021 but it asks for tax info in 2020. I moved out of my parent's house in Aug. 2020 which means I was a dependent for most of 2020 but I was self sufficient for all of 2021. I don't know if this is an error in the system but 2021 tax returns should be used for the 22-23 school year. I want to get the maximum amount of aid since I am supporting myself entirely. Can you make a video about filling out the FAFSA for independent students please? Thank you!
I was wondering the same exact thing. I thought why are you using 20 taxes. I called the school and they sent me an exception paper to explain why 20 was different that 21
ix
iiiix
For parent income. I get a W2 but my husband business is an S corporation and has nothing on the 3 lines indicated. Do I just report my wages. Does the IRS document override the manual enteries?
His income would likely show up on line 8 on the 1040 after deductions. Does it show up there?
@@edzamoracollegeprepchannel3820 yes that is what I used even though it didn't indicate in the tutorial
Can we update the initial FAFSA app prior to renewal for 2022-23?
Yes you can make changes to the form anytime after it's first sent in after waiting at least 2 days.
My son has $2000 in his savings account from his summer job. Do we report this? TIA
My husband an I have been saving for a down payment on a house the past year and hope to purchase a home within next 6 months to a year. The money is in an online savings so we won't touch it. Should I report that monies? Our daughter is a senior in high school this year and we are planning to apply for FAFSA by end of this month.
Typically if you are not using it anytime soon you need to count it.
For high school seniors 2022. Which tax year is used for the Fafsa Form?
2020
2020
can you fix mistakes you may have made on FASA if it's been over a year or 2?
Sorry you can't go back and change after a year
You can change this years fafsa 2022/2023
All of these videos are so incredibly helpful. Thank you. I am watching now to learn about the college rankings I'm a bit late submitting FAFSA as I know it opened 10/1. Does this hurt me/my son?
Thank you for watching it does not hurt them from an admissions point of view
Thank you for another great video! Morris County School of Technology Class of 2022
Thank you for watching and helping the scholarship fund. Your high school has been counted.
Hi fafsa can see my savings account? If I say I don t have savings can they find it,
It's on the honor system so no they can't see what you have in the bank.
If it wasn't for your help through the years, we probably would have made these mistakes!
I have a question what if my parents took out money out of his 401k but it still is in his bank account do I still have to put that amount as his assets
Unfortunately Yes
Thanks for the video.It was very informative and helpful. My name is Lukas Rozansky and I graduate in 2022 from ridgefield park Jr/Sr highschool.
Thank you your high school has been counted.
When it comes to savings and mutual fund investment accounts, i have heard some people put them in Life Insurance accounts? Would this mean you don't have to put this money on your FAFSA like you woulda IRA?
Retirement accounts and life insurance accounts do not go on the fafsa form.
Son is a medical student. Do I need to fill out a FAFSA since he is carrying all debt himself? Thanks for helpful advice
Yes fill out the fafsa but only for the student if they are in grad school no parent info needed.
Do you know what’s the most money someone can obtain for semester. I’m receiving 3550 for fall, 3550 for spring and 3500 for summer. My EFC is 000. Is this the most, I can get?
Can we still correct the FAFSAfor this school year. We put almost everything. My son is freshman in college and we just paid out of pocket. No financial aid.
It would be too late at this point unless the mistakes you made were very large.
Hi Ed, thank you for the video very informative. What do u think my daughter 15,5 years old in the 10 grades, can we apply for FAFSA for the 🤓private school, if the answer is yes, will it affect years later for a University scholarship for another FAFSA, when she finishes school and heads up to university?
ed, just wondering if friend lives with me who has fafsa child that lives on their own but they use my address and i am filling out now for my child will this effect any aid or household numbers adversely?
It would only affect the number if you count them on your Fafsa form as part of the household
Perfect
Salamat po. - Jeremiah, Bergen County Academies 2022
Thank you for watching your high school has been counted.
I have a question about #7 mistakes, you mentioned more people living in the house will drag down Pell Grant? So fewer people will help increase the Pell grant？ Thanks
More people in the household increases your Pell Grant
Hi, we have a college savings account for our daughter who is applying for FAFSA, do we have to declare that in the form because one of my friend said that we don’t have to. Thanks.
I was filling my FAFSA as an dependent and I countered with this question
Has it been determined by a court in your state of legal residence that you are an emancipated minor or that someone other than your parent or stepparent has legal guardianship of you? (You also should answer “Yes” if you are now an adult but were in legal guardianship or were an emancipated minor immediately before you reached the age of being an adult in your state. Answer “No” if the court papers say “custody” rather than “guardianship.”)
What should I do …. I don’t have legal papers that says anything … need help
Can we make changes once it’s been summited ?
Helo and timely
Do i need to use both parents when filling out the Fafsa application since i live with my mom and she claims me on her taxes
Do I have to put all the money I have on an investment account like Robinhood?
Yes any investments outside of retirement go on the Fafsa
If I am separated and living in different homes, the FAFSA form does not seem to want to import my tax information. Is there a way to get this to work or does this scenario mandate manual entry?
True it will not let you upload you must manually add your info.
Thank you for the info.. Been watching several videos similar than this but none of them talk about the scenario if you are married.
Do I need to tell the how much money we have in the bank? It's technically my husband money since I didn't work. I want to go to school so I can get a better job in the future. Don't want to rely to my husband on everything . Tried the Federal Student Aid Estimator to see if I can be qualified for Pell grant and put all the information needed including how much asset we have .I put in saving accnt info etc. and the result for grant estimator came out zero dollars??? Am I too honest .? I'm afraid to fill up the FAFSA form and make mistake especially on this assets part.. Can I not include Saving Accnt Assets since it's not my personal money anyway?
Yes you need to count the money you have in the bank
I just realized we made the mistake on 401K. It’s April now. College has already processed our fee according to it. Can we still go back and change the mistake? I need to apply for parent loan soon too.
Did you put your retirement on the fafsa?
Any recommendations on filling out the Fafsa now with 2020 High income numbers or waiting until January and filling out with much much lower 2021 income numbers?
You would have to use 2020 taxes then look to appeal with 2021 taxes later.