The thing is i live in Florida and attend my NYS school as an out of stater so I cannot get the Excelsior. And a myth abot the excelsior… not everyone gets it. The State school i go to, people were rejected with incomes of 25k living in the bronx. I recieved a low income general scholarship for about $750 a semester, $5,000 in Pell Grants, and $1,400 in Work Study last year. With my new EFC I lose ALL of that. That 7k Makes a HUGE difference.
So earlier I kind of freaked out a little bit, I had no idea what was going on. Hearing I did not get the pell Grant just threw me over the edge, I was fuming. So now I have better information:
Il reexplain: My Parents + My Income = 29k … FAFSA said we made 50k because we used the IRS Tool on the FAFSA. The IRS calculated 20k from my dad taking out money from a savings account somewhere thats linked to a retirement account. That made my EFC above the limit for the Pell Grant… is there anythign I can do to show that that 20k taken from a retirement account WAS NOT income??? Will schools take into account that that 20k taken from a retirmemnt account WAS NOT income and thats all the assets we have… just moved to a savings account.
If it helps, my school is SUNY Oswego.
Also another question… even with my income at 50k, shouldn’t I get some form of Pell??