<p>well is there anything that Fafsa considers income that isn’t reported on your 1040? </p>
<p>I know logic doesn’t enter into government policies, but giving a refundable tax credit and then counting it as income, makes no sense.</p>
<p>And how many college students are first time homebuyers? (unless it’s really mom/dad paying for the house in kid’s name to ‘shelter’ money)</p>