FAFSA and small business??

MaineLonghorn
Tue, 02 Feb 2016 02:22:16 +0000

OK, this is embarrassing, but I have no idea what I’m doing. We had a college consultant for our oldest child, and he filled out the FAFSA for us. I thought we had to do something extra since we own a small business, but I’m not figuring out where to do that! The basic form makes it clear that you do NOT count the value of a business if it’s small and owned by the parents. Google hasn’t helped me so far. Any info or links would be appreciated!