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Can I get financial aid if my parents make over 150k?

Can I get financial aid if my parents make over 150k?

First things first, there is no income limit when it comes to the FAFSA. Everyone should apply for financial aid, no matter your or your parents’ income.

What is the maximum income to get FAFSA?

One of the biggest myths about financial aid is that you shouldn’t apply if your family makes too much money. But the reality is that there are no income limits with the Free Application for Federal Student Aid (FAFSA); any eligible student can fill out the FAFSA to see if they qualify for aid.

How can I convince my parents to help me get financial aid?

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Your first goal should be to encourage your parents to complete the financial aid forms. Even if they don’t want to help you pay for college costs, by refusing to complete the forms they prevent you from getting aid on your own account (e.g., government grants and student loans).

How much financial aid can you get for college?

The amount of aid you can receive depends on your financial need, the cost of attendance at your school, and more. Federal Pell Grants usually are awarded only to undergraduate students who display exceptional financial need and have not earned a bachelor’s, graduate, or professional degree.

What happens if my parents don’t pay for my college?

If not, you are considered to be dependent on your parents and their income and resources will determine your eligibility for assistance. If your parents refuse to pay, you will have to make up the difference. The school and the government will not help. Learn more: Federal Financial Aid and the FAFSA Independent Student

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Do you think your family doesn’t qualify for financial aid?

“A lot of people make an assumption that [their family earns] too much to apply for financial aid.” But even if you think your family won’t qualify for financial aid, Desjean said to go ahead and apply. “You can be pleasantly surprised,” she said. To find out why, have a look at the following topics: