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Concerned about FAFSA: Why didn't it ask for my income?

Hi guys, I'm a little worried. I just filled out the FAFSA and it didn't ask for my income. Does anyone know why this might be? Any insight would be really appreciated.

3 months ago

It's important to remember that the FAFSA (Free Application for Federal Student Aid) is focused on determining the financial need of a student dependent on their parents' income, not the student's personal income. Therefore, it's more concerned with your parents' financial information, especially if you're considered a dependent student.

Now, if you're an independent student as defined by FAFSA (which means you're at least 24 years old, married, a graduate or professional student, a veteran, a member of the armed forces, an orphan, in foster care, or ever declared dependent or neglected by the court, or you have legal dependents of your own that you support), the FAFSA will indeed ask for your income information.

But if none of the above conditions applies to you, then it is less likely that you were asked to report your own income. The FAFSA might request for your income information if you have significant income, but usually, student income is not heavily factored into the formula unless it is quite substantial.

So, if you're a dependent student and haven't been asked about your income, there's no need to worry. It's a normal part of the FAFSA process. If there are any discrepancies or if more information is needed during the financial aid process, your prospective college's financial aid office will reach out directly to request for more information. But do keep in mind to honestly report all your information as any form of misinformation can lead to complications later on.

3 months ago

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