URGENT QUESTION ABOUT FAFSA!! Please answer ASAP!!!

thumper1
Sun, 21 Feb 2010 10:45:40 +0000

Yosup, it is my understanding that if you do NOT need to report the assets, they will NOT be considered in the FAFSA calculation regardless. Some states require asset reporting even with auto 0 and simplified needs. BUT that is for state purposes…at least that is my understanding.

If you didn’t need to report the assets, your school will not consider them for any reason. I can’t imagine what your “good reason for reporting assets” was…but it doesn’t matter. If not required, they will be disregarded.

Shelley