Applications and Forms - Office of Financial Aid and Scholarships 2025

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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:
You might need the following information or documents as you fill out the FAFSA form: Your parents SSNs if they have SSNs and youre a dependent student. Tax returns. Records of child support received. Current balances of cash, savings, and checking accounts. Net worth of investments, businesses, and farms.
There are no set income cutoffs for financial aid because of the number of factors that are included in the need-based calculation beyond income. Unless parents are in a situation where they dont need money for their child to go to school, everyone should fill out the FAFSA.
A common myth is that students from high-income families wont qualify for FAFSA funding. In reality, theres no maximum income cap that determines your eligibility for aid. Although your earnings are a factor on the FAFSA, only some programs are based on need.
What is an Independent Student? Qualifying as an independent student on the FAFSA is not easy. Undergraduate students under age 24 as of December 31 of the award year are considered independent for federal student aid purposes.
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There is no income cap for financial aid. It also varies from your school, program, and cola. Just fill it out and most likely you will get some assistance. 122k for a family of 5 is not a lot. If you have any issues filling it out, your school adviser and finance office normally provide assistance with that.
Free Application for Federal Student Aid (FAFSA) Begin the FAFSA application. Create an account and get a Federal Student Aid (FSA) ID. Log in to the FAFSA if you already have an account. Find out what information you need to fill out the FAFSA. Begin the FAFSA application.

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