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There is no income limit to qualify for federal student loans.
Although there are some broad requirements you must meet to qualify for federal aid, theres no FAFSA income limit. The FAFSAs calculations are complex and consider many factors outside your earnings, including your schools cost of attendance, family size, and year in school.
Welcome to Nelnet, a Student Loan Servicing Company.
What income is too high for FAFSA? There is no income that is too high to file a FAFSA. No matter how much you make, you can always submit a FAFSA. Eligibility for need-based financial aid increases as the cost of attendance increases, so even a wealthy student might qualify for financial aid at a higher-cost college.
Technically, no income is too high for the FAFSA. The U.S. Department of Education recommends filling out the FAFSA yearly, regardless of income. However because FAFSA is needs-based aid, those from lower-income families with a greater financial need get access to more financial aid.

People also ask

Yes, you can still apply for FAFSA (Free Application for Federal Student Aid) even if your parents have a high income. However, the amount of financial aid you receive may be limited because FAFSA primarily considers your familys financial situation when determining your eligibility for need-based aid.

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