<p>i remember when my friend told me about FAFSA, he said that everyone gets some "financial aid" no matter how high/low the income.
i just began to fill out my FAFSA worksheets and my dad's discouraging me to do it because he's so sure that our income is "too high" for FAFSA to provide any financial aid.</p>
<p>so now im confused & i dont know who's right: my friend or my dad?</p>
<p>loans are also considered financial aid
In fact some schools aid consists of a lot of self-help
Loans and workstudy
To get a Stafford loan- you have to fill out FAFSA
but even Jennifer Gates will be able to take out a Stafford loan</p>
<p>Go look at some EFC calculators on the web; google "EFC calculator" or go to finaid.org; that will give you some idea of whether you will get any. You can use both "federal methodology" worksheet and "institutional methodology" worksheet" (institutional is used by many private colleges and involves filling out CSS/Profile forms). FAFSA is just a form used by the colleges, FAFSA does not "provide financial aid"</p>
<p>It is good that your dad recognizes that his income may be too high for aid!!!! So many families are STUNNED when they receive such news!</p>
<p>You should do the FAFSA anyway. You will see some unsubsidized loans, which you can decline. If you don't do the FAFSA this year you may not be eligible in future years. If something changes your family's financial situation, you will regret not doing the FAFSA this year.</p>