<p>My parents finally sat down and worked out our financial situation with our accountant. My dad’s business is worth a very low amount and my parents’ adjusted gross income last year was in the negatives. However, he’s got about $275,000 in the stock market that he’s saving for retirement.</p>
<p>Do I have any chance for federal aid?</p>
<p>To qualify for financial aid- but not have any income to speak of- or “negative” cash flow- you would probably need to explain to the schools how your family pays their bills with no money ( like doesn’t your accountant get paid by the hour ?)</p>
<p>If the stock is in a qualified retirement account, you are probably ok. Any assets not in a retirment account will be counted.</p>