What role should household wealth play in determining a student’s financial aid package? The FAFSA does not ask about two key measures of wealth – the family home and retirement accounts.

FAFSA doesn’t look only at income. The formula also considers household size, number of family members in college and cost of attendance (COA) at each school.

Unfortunately, the “new and improved” FAFSA application is late, it’s more complicated and low-income families will receive less funding per college student, not more, writes Dan Hooper.

Students often skip filling out the FAFSA because they think their families make too much money to qualify for aid. However, there are no FAFSA income limits, so you can submit it—and ...

At schools with a high minority or low-income population, the rate has fallen even more—completion is down 34% from last year at low-income schools (compared to just 26.3% at high-income schools ...

However, there is no income limit for the FAFSA, and the U.S. Department of Education does not have an income cap for federal financial aid. Most students are eligible for the FAFSA as long as you ...

What Are the FAFSA Income Limits for 2022? Both students and their parents often think that their household income makes them ineligible for the financial aid.