<p>To end the speculation here - it’s definitely income (untaxed income, in fact, which is always very nice).</p>
<p>The tax credit is On <a href=“http://ifap.ed.gov/fsahandbook/attac...11AVGintro.pdf[/url]”>http://ifap.ed.gov/fsahandbook/attac...11AVGintro.pdf</a>, “Changes for 2010-2011”, there is this sentence: “On page 21 we noted that the first-time homebuyer tax credit of 2009 counts as untaxed income on the FAFSA.”</p>