Under 100 employees = Do not need to report?

Paying for College
1

<p>Is it as simple as that? My father owns about 70% of mid-sized business in Taiwan with around 25 employees. Do we not need to report the net worth of this business? My parents will report the income my dad earns from the business(about 90k a year), but it would make a huge difference whether or not the value of the business is factored into the financial aid information. Also, does this apply for the CSS as well?</p>

2

<p>FAFSA instructions</p>

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<p>Sounds to me like you would not report it on FAFSA.</p>

<p>finaid.org has a more detailed guide here
<a href=“http://www.finaid.org/fafsa/smallbusiness.phtml[/url]”>http://www.finaid.org/fafsa/smallbusiness.phtml&lt;/a&gt;&lt;/p&gt;

<p>Unless CSS says not to report such a business (seems unlikely from what I have heard about CSS) then you have to report it on CSS.</p>

3

<p>So the school would still find out about the value of my parents business through CSS and consequently hurting my chances at getting any financial aid? Then what is the point of it not being required on the FAFSA?</p>

4

<p>FAFSA is more for federal aid in schools that require CSS</p>