<p>Our family’s AGI is approx. 57k and it’s just above the borderline to recieve State Grant
I live in WA and we have family of 4, and i will be the first one to go to college in my family</p>
<p>Is there any possible ways for me to recieve State Grant?</p>
<p>Also, is our family’s small business considered net worth of businesses/investment farms? (number 91 in FAFSA)</p>
<p>Can’t answer the grant question (sorry) …</p>
<p>What is the family business? How many employees?</p>
<p>my mother owns a Nail Salon/Spa under corporation. she has 2-3 employees</p>
<p>She does not have to report any value of that business. If you read the information for that section, you’ll see that small, family owned businesses with less than 100 employees do not report any value connected to that business. I assume she will have some business income associated with that reported on her taxes, which she will report as part of wages earned. If she claims a business loss, she won’t use that as part of wages earned, but the loss will be reflected in a lower AGI.</p>