Did I accidentally lie on FAFSA??

paquetusepa
Tue, 15 Sep 2015 04:47:11 +0000

Ok so I’m gonna start college next week but I was thinking about all the aid I’m getting and it’s pretty good considering that I did a lot of stuff for my COA to go down (nothing illegal) but I’m reading all these questions about people who reported assets and all that stuff. First of all, when I did FAFSA, I based it all on the tax return paper. I did not see anything about assets. I think there was an option that said “some people do not need to state their assets because of low income”. My parents combined income is 37,000 for 4 people. That being said, it also said something about student’s income. This was 0 because I did not work. I’m reading that assets also include banks accounts??? What??? I don’t remember putting any of that down. My bank account has 3,000 dollars and half of it is from Social Security benefits since my dad has been unemployed since he has cancer. I’m so scared that I lied and will be thrown in jail. I did not mean to lie, it wasn’t my purpose. I was never selected for verification by my school or FAFSA.