Will buying a house affect my FAFSA????

BelknapPoint
Sun, 18 Feb 2018 22:33:21 +0000

I have a little saving for the down payment, but my parents Will be lending me some money to help a little in the beginning.

What will be the loan terms with your parents? It needs to be a bona fide loan, otherwise you will be looking at something that more closely resembles a gift or a bill payment for your benefit, in which case it will need to be reported on FAFSA as untaxed income to you.