Financial aid packages for the 2020-21 school year will use income verified by the 2018 tax returns. Financial aid is determined on what HAS happened, not what is going to happen. If a pay cut occurs in the present year, or loss of job, this has to generally be presented to the financial aid office with hard evidence. Just submitting the FAFSA and PROFILE isn’t going to do it and this is likely to present an enormous problem for you.
I still urge you to apply through QB and see if you are eligible for the free lunch programs or other such subsidies that just might bring down your EFC. I don’t think it’s going to zero you out, but give it a try. That enhances chances for the full QB match and scholarship. Still a lottery ticket but worth the try because it increases chances for acceptance during RD with partner schools and can save you money in terms of app fees.
You now have a real additional impediment in finding an affordable option. You will very likely have to discuss your upcoming financial situation individually with each financial aid office. Note that they do not care that you live in s studio apartment or how frugal your family has been. Nor do they care how extra agent a family has been. Financial aid is driven by income earned in a given year (2018 for your freshman year) and a snapshot of assets on the day you submit the FAFSA. It’s done by formula. Any contributions to a pension plan in 2018 are added into income but qualified pension plan assets are not included by MOST schools. It is advisable that you reimburse your parents for expenses or pay down your expenses with any money i. Your name before filing financial aid forms because student assets are hit harder than parents’ with no allowance.
I also suggest looking long and hard for full ride and other low cost alternatives that are sure to take you as is, because those may be your realistic options. Too few students invest enough time in such schools. It’s more exciting to go for big name recognition and selective schools. The problem
Is getting accepted to them, and now with your financial situation, getting sufficient money from them is going to be very difficult