A few questions about FAFSA.

sk8rmom
Fri, 06 Jan 2012 06:58:27 +0000

1. At the end of the parent financial information, it asks “Do you want to skip the remaining questions about your and your parents’ income and assets?”



I think you may have qualified for one of the simplified formulas (low income, ability to file 1040A/EZ, federal mean-tested benefit received). If so, you can skip the remaining questions if your state aid doesn’t require that data. If you choose to enter it and are qualified for the alternate EFC formula, the additional data will not be used in the EFC calculation.