<p>The value of your stocks on the day you file the FAFSA MUST be reported on the FAFSA. Failure to report is illegal. </p>
<p>If your parents make $20k/year, you will probably have a low EFC. However, there is more to the EFC than income … your parents’ assets (including the value of their stocks) will be taken into consideration, as well. There are other factors considered in the formula, too. No one can tell you one way or the other without all necessary info. Please put your info into a financial aid calculator to get a rough estimate of your EFC.</p>
<p>A question: Are the stocks in a retirement account? If so, they won’t be taken into consideration as an asset. If not, though, they must be reported.</p>