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Student: On your Student Aid Report you stated income that is unusually low for year 2002 (less than

Student: On your Student Aid Report you stated income that is unusually low for year 2002 (less than-2025

Student: On your Student Aid Report you stated income that is unusually low for year 2002 (less than Preview on Page 1

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The document is a 2012-2013 Low Income Explanation Form from the Office of Student Financial Assistance at the University of Alaska Anchorage. It requests additional documentation from students or their parents regarding unusually low income reported on the FAFSA, specifically for the year 2011. The form requires details about household members, income sources, and an explanation of how living expenses were met during that year.

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How to Fill Out the Low Income Explanation Form for Your Student Aid Report

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Click ‘Get Form’ to open it in the editor.
Begin by entering your personal information in the 'Student Information' section. Fill in your name, UA Student ID, email, and telephone number.
Proceed to the 'Household Information' section. Depending on your status as an independent or dependent student, list the individuals you or your parents support financially.
In the 'Income Information' section, complete the chart with annual income details for 2011. Include all relevant income types such as wages, social security, and any benefits received.
Provide a detailed explanation of how living expenses were met during 2011. Use the space provided or attach a separate page if necessary.
Finally, ensure you sign and date the form. If you are a dependent student, have your parent sign as well.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is considered low income for financial aid?

There is no income cut-off to qualify for federal student aid. Many factorssuch as the size of your family and your year in schoolare considered.

What is the #1 most common FAFSA mistake?

Some of the most common FAFSA errors are: Leaving blank fields: Too many blanks may cause miscalculations and an application rejection. Enter a 0 or not applicable instead of leaving a blank. Using commas or decimal points in numeric fields: Always round to the nearest dollar.

Why did FAFSA give me less money this year?

As defined by the U.S. Department of Education, the term low-income applies to an individual whose households taxable income for the preceding year did not exceed 150% of the poverty line.

Is the new FAFSA better or worse?

The Better FAFSA is simplified, redesigned, and streamlined. It is faster and easier to fill out, with most students and families completing it in less than 15 minutes. It ensures 665,000 more students will receive Federal Pell Grants to pay for college.

Why did my financial aid reduce?

Changes in funding Your financial aid award is based on projected funding from federal, state, and institutional sources. If the projected funding is more than the actual funding available, your financial aid award(s) will be adjusted to reflect these changes.