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will I get financial aid of my moms income is 75000

laracroftlaracroft Posts: 7Registered User New Member
I filled out fafsa with my dad's information, he doesn't work didn't work in 2010 ect ect. they said I could get $11,000. then I realized I have to use the parent's info I live with or whom provides the most support. my mom's income is around 75,000 because she's always worked like crazy, and even though she had breast cancer she still worked a little bit during that time but a lot of people were helping us and bringing food and such. well Im paying for college on my own and I have seriously no money for it, I also need an apartment too. will fafsa give me any money if mom made that much, or even a loan would help? I'm so stressed right now because I thought it'd cover it before when it was the full aid amount and a loan to make it around $11,000 :(
Post edited by laracroft on

Replies to: will I get financial aid of my moms income is 75000

  • Erin's DadErin's Dad Posts: 20,215Super Moderator Senior Member
    FAFSA does not give you money. FAFSA just provides the rules to how much Federal funding you might be eligible for. As a freshman you will be eligible to borrow $5.5K under a Stafford loan. With a family income of $75K I doubt you will get any Pell grant $. Your parents may be given the opportunity to borrow using a Parent PLUS loan. What school are you trying to attend? What is the cost?
  • mom2collegekidsmom2collegekids Posts: 64,048Registered User Senior Member
    Lara...

    In another thread, did you mention that your mom has remarried? If so, you need to include your step-dad's income info as well.

    And...as said above...FAFSA doesn't give any money.

    Are you an incoming frosh? Or are you a senior in high school.
  • cptofthehousecptofthehouse Posts: 25,312Registered User Senior Member
    It's the parent with whom you lived the most in 2010 that is your Custodial parent. If you were with your Dad more in 2010, due to your mom's illness or any such reason, your FAFSA EFC would be valid. I am not quite sure what you mean when you say FAFSA gave you $11k. FAFSA gives you an EFC (Expected FAmily Contribution) and it is up to the college as to how much they will give you. It isn't what they give you that matters, however, but how much you have to pay after what they give you. If you can't pay it, you can't go .

    Have you applied to colleges yet? Are you a rising senior working out the numbers for when you apply to colleges? Or are you heading to college this fall?
  • cptofthehousecptofthehouse Posts: 25,312Registered User Senior Member
    Also, if your mother is your custodial parent and you have a step dad, his financial information has to be included along with your mother's on FAFSA. That your parents were ever married or not does not come into the picture at all.
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