What is untaxed income?

Paying for College
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If your income is really under $20,000 a year…AND you have one of the following:

1 are able to file a 1040A or 1040EZ tax form

or

  1. Receive a means tested benefit such as snap or free/reduced lunch

Or

  1. Parent is a dislocated worker

Your FAFSA EFC would be an auto $0.

If your income is over $24,000 but under $50,000, you would qualify for the simplified needs test whereby your assets would not be counted.

You might want to apply for free/reduced lunch…if your income is in these ranges.