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What is included in parents net worth of investments on FAFSA?

The net worth of your parents current investments is the amount left over after deducting the debt from the value of each investment as of the day you submit your FAFSA form.

Can I still get financial aid if my parents make too much?

Yes, you can still qualify for college financial aid even if your parents income is considered high. Financial aid comes in various forms, including federal and state grants, scholarships, work-study programs, and loans. Here are some key points to consider:

Will I get financial aid if my parents make over $400,000?

The FAFSA gives a parental asset protection allowance between about $30k and $50k. So, if your parents dont have more than that in assets, these resources wont be counted anyway. And above that threshold, its only about 5-6% of the net value of the parental assets that count toward your EFC.

What is the maximum parent income to qualify for FAFSA?

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.

What is the parent asset limit for FAFSA?

The reason the FAFSA application asks for the value of your parents assets is that many (if not most) of the financial aid it is used for is need based, and by providing a false number as to the assets you have access to, you have effectively claimed to have a far, far greater level of need than you have.