Does Owning A House Affect Your Financial Aid Eligibility? Primary & second Homes Fafsa CSS Profile

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In this video, "Does Owning A House Affect Your Financial Aid Eligibility? Primary & second Homes Fafsa CSS Profile." We address when Primary homes & second Homes count on the Fafsa, state forms and the CSS Profile. We also discuss how each form counts your properties. Owning more than one House affects the Free Application For Federal Student Aid (FAFSA) thereby, elevating the worth of net assets of the family. ... The decrement in asset valuation is achievable. On the CSS Profile, rental properties are also included as assets. This application will ask you for “the address, number of months your parents rented the property to others (if at all), when they bought it, how much they bought it for, the current market value and the balance of any mortgage.” The Free Application for Federal Student Aid is a form completed by current and prospective college students in the United States to determine their eligibility for student financial aid. The FAFSA is different than CSS Profile, which is also required by some college
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