FAFSA questions about assets?

JuicyPilotPens
Sat, 20 Feb 2010 21:33:51 +0000

There are 3 questions on the FAFSA form that asks about your assets. For example, one of them is “As of today what is the student’s total current balance of cash, savings, and checking accounts?”. The other two are about your investments and such. When I filled out this form last year, I was given the opportunity to not answer these questions. But for some reason, I have to answer them this year. I read somewhere on Yahoo Answers that these questions a NOT optional…but then why did I have the option to not answer them the last times I filled out FAFSA. I conversed with some friends about this, and one of them said that she doesn’t need to fill that section out. She was given the question about whether or not she wants to answer it. I know each family is different, but my friend and I are in almost the same circumstances. We’re both dependent. The only difference is that her family has 3 members; mine has 2. Her family probably makes a little more money than mine, and she also has a job herself. I don’t have a job, and my mom is a widow.

So, I guess my question is if this question is “not optional”, why was she asked if she wanted to answer it or not this year? And why am I forced to answer them (I can’t move on to the next page without answering) when I didn’t have to before?