<p>I have both Canadian and US citizenships, but right now I'm living in Canada.</p>
<p>Yes, if you have US citizenship, you are eligible for FAFSA even with citizenship elsewhere as well.</p>
<p>Do you have to declare one or the other at 21? - if so, factor that into your plans.</p>
<p>There is no requirement to declare one or the other at 21 either in the US or in Canada. (my kids are dual US and British).</p>
<p>Is it advised that I still apply regardless of family income status?</p>
<p>If you file the FAFSA, you will be automatically eligible to borrow the federal student loans even if you don’t have any financial need.</p>
<p>Some colleges and universities will not award aid in future years if the student has not filed for the freshman year - even if the family has a severe financial reversal. Some require the application if the student wants to be considered for any scholarship money. So do ask each place that you are applying to what their policy is.</p>
<p>In your case, I suggest you run an EFC calculator to see what your FAFSA EFC will be. If it is high, and if you are considering state schools or schools that don’t give need-based aid to students with a high EFC, you may only be eligible for loans. In this case, you will want to see whether Canadian loans or U.S. loans are a better deal for you (and your province may have grants …). You cannot receive aid from both governments. I used to work at a school that was near a border, so I have a little experience with dual US/CD students, and I recall this being an issue for them to consider.</p>