<p>I have filled out FAFSA using my 2009 income tax returns. I now have my 2010 income tax returns and total income was about 7000.00 less than last year. We are a middle income family and do not qualify for Pell Grants and Federal Aid. Questin is should I make corrections on FAFSA or not, Will this make any difference in the end ?</p>
<p>Yes…do the correction. It will lower your EFC. It may not matter for Pell, but it could matter for subsidized loans, work study, or other aid.</p>