Do I have to declare my savings on FAFSA if I didn’t have earnings or a bank account before 2016? If the FAFSA is only 2015.
yes, you must. Prior prior is for income
Assets are reported as of the day the FAFSA is completed, unless you qualify for the simplified needs test. So if you don’t qualify for the simplified needs test, yes, you must declare any savings you have now, even if you didn’t have earnings or a bank account before 2016.