Income Threshold for Asset Reporting On The FAFSA
Prepare For College, LLC · Chuck Moore, CCFC, Al Hoffman, CCA and Gary Carpenter, CPA, CCA
June 16, 202518m 17s
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Show Notes
To qualify for the asset reporting exemption, applicants must meet certain conditions. If these conditions are met, the FAFSA form may automatically allow you to skip the asset questions, and you won't need to report them. Skipping reportable assets could increase your need-based aid by thousands of dollars.