FAFSA-Money in bank accounts

Paying for College
1

<p>Last year was the first year in a long time I had to file a FAFSA. Am I losing my mind, or did last year they ask for the $$ amount of all available cash in parental accounts? I seem to remember toting up all my various bank accounts, but this year I didn't see that question. I did see the question about if total assets are less than $18000 or $18500-forget the exact figure. Did I miss the question, imagine last year's question, or am I totally crazy? If it is a replacement question, it is SO much easier. Of course, I just went through and paid all my bills for the month to deplete the balances a bit, but that's a good thing---everything is paid already.</p>

<p>I did see the question asking about the student's total available checking, savings, etc., which is why I thought maybe I missed the parental one.</p>

<p>Oh, and now that I'm thinking about it, it seems to me they asked about the approximate value of my house last year, too.</p>

<p>I didn't submit the FAFSA yet, but once I find out if I missed a question, I'm good to go. The IRS retrieval thing worked great, once I found it. I barely filed two weeks ago and haven't received my refund yet; that's due tomorrow.</p>

2

<p>I believe there is some new “skip logic” to the FAFSA. If your assets are less than a certain amount, you don’t have to list them. </p>

<p>The FAFSA NEVER asked about the value of your primary residence…NEVER. The Profile asks but the FAFSA does not have any information about your primary residence. If you own a second piece of real estate, the FAFSA does ask for info about that.</p>

3

<p>Ah, that’s probably it! I did have to fill out the Profile form last year. I must have been thinking of that, not the FAFSA. Just wanted to be sure I hadn’t overlooked anything. Thanks.</p>