200 K - financial aid?

<p>if ones form 1040 denotes 200 k …
do you think that person would still be eligible for govt aid (FAFSA)</p>

<p>or even scholarships …
of which require submission of tax documents?
ie: RMHC ?</p>

<p>depends on the school. and idk about the rhmc. i was wondering about that too for those types of scholarships, but it varies from scholarship to scholarship.</p>

<p>my mother/stepfather combined made about 150k and my father made about 20k this year. i was given an EFC of $24k a year, and at the school i’m going to next year, the rest was paid in grants. (the EFC is from FAFSA but my school uses CSS profile.) </p>

<p>i am also one of five siblings, though, one of whom will also be going to college next year…that made a big impact on my EFC.</p>

<p>no government grants though - just school.</p>

<p>With a $200K income on your tax form, I would guess the only FEDERAL aid you will receive is a Stafford loan. But that is my guess only. You might receive some institutional aid, but not much, and that would be dependent on the school, number in your family, number attending college, cost of the school, and any other assets (savings, investments) your family has.</p>