FAFSA - student's cash, checking and savings amounts
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FAFSA - student's cash, checking and savings amounts

 
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George Earl
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Posted: Thu Jan 22, 2004 4:48 am    Post subject: FAFSA - student's cash, checking and savings amounts Reply with quote

If all the funds that a (dependent) student has in cash and in her
checking account are from gifts (she doesn't work) and allowance from
her parents, do these funds need to be included on the FAFSA in the
question that asks how much the student has in cash, checking,
savings?


George
gearlnospamno@nospamcomcast.net

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Steve Blank
Guest





Posted: Thu Jan 22, 2004 12:48 pm    Post subject: Re: FAFSA - student's cash, checking and savings amounts Reply with quote

George Earl wrote:
Quote:
If all the funds that a (dependent) student has in cash and in her
checking account are from gifts (she doesn't work) and allowance from
her parents, do these funds need to be included on the FAFSA in the
question that asks how much the student has in cash, checking,
savings?


George
gearlnospamno@nospamcomcast.net

Hello again George, been awhile,

The answer is yes, they are to be included on the FAFSA. The source is
not pertinent.

The only exception to reporting assets she may have is cash from
financial aid like pay from work-study, or excess funds refunded when
the financial aid was more than enough to pay the school for their bill.


--
Steven B. Blank
College Financial Aid Consultants
29 Ives Hill Court
Cheshire, CT 06410
(203)250-7761
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George Earl
Guest





Posted: Fri Jan 23, 2004 5:15 am    Post subject: Re: FAFSA - student's cash, checking and savings amounts Reply with quote

On Thu, 22 Jan 2004 05:48:27 GMT, Steve Blank <steve@randallblank.com>
wrote:

Quote:
The answer is yes, they are to be included on the FAFSA. The source is
not pertinent.

... snipped ...

--
Steven B. Blank

Thanks, Steve.


George
gearlnospamno@nospamcomcast.net

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