Technically, a cash gift received by the student during the reporting year (i.e. received in 2018 and completing the 2020-2021 FAFSA) may need to be reported on FAFSA as “untaxed income” (FAFSA’s language, not mine).
Technically, a cash gift received by the student during the reporting year (i.e. received in 2018 and completing the 2020-2021 FAFSA) may need to be reported on FAFSA as “untaxed income” (FAFSA’s language, not mine).