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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.
Go to fafsa.gov to get started and click on Start A New FAFSA or Login for returning users. TIP: We recommend that the student start the FAFSA form using the instructions below. It makes the application process much easier.
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.
There is no income limit to qualify for federal student loans.
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People also ask

How much money can you get from the FAFSA? Aid typeMaximum award Pell Grant $7,395 for the 2024-25 academic year Direct Subsidized Loans $3,500 to $5,500 annually, depending on year in school; $23,000 aggregate limit4 more rows

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