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Pretty sure they’re not experts. It’s a brand new credit and they don’t do FAFSA;s. </p>
<p>It is definitely a refundable credit. I don’t see how it could be considered income. But then, I’m not a FAFSA expert either.</p>
<p>Remember that it must be the principal residence of the person purchasing the home. If this person is already worried about need based financial aid, where are they getting $45,000 to buy a house with? If they don’t have this kind of money, how are they qualifying for a mortgage?</p>