FAFSA help, lose of jobs
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FAFSA help, lose of jobs

 
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Andrew
Guest





Posted: Thu Apr 08, 2004 10:29 am    Post subject: FAFSA help, lose of jobs Reply with quote

I know that FAFSA based aid on the previous year's income. However,
what happens if one or both parents for a dependent student lose their
jobs?

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Steve Blank
Guest





Posted: Thu Apr 08, 2004 7:25 pm    Post subject: Re: FAFSA help, lose of jobs Reply with quote

Andrew wrote:
Quote:
I know that FAFSA based aid on the previous year's income. However,
what happens if one or both parents for a dependent student lose their
jobs?

Complete the FAFSA using the previous years income, but then send a
letter directly to each of the colleges explaining the special
circumstances.

You have to report the income on the FAFSA as it really was, but a
college can make adjustments based on the changes in your situation if
they wish.

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