fafsa question

<p>My daughter who resides with me is planning on attending college in fall '11. My ex-wife and I are trying to determine whether its to my daughters benefit for me or my ex-wife to file the fafsa based on our respective incomes. Will the fact that my ex-wifes annual income is considerably less than mine influence the awards that my daughter is offered. Furthermore, my daughter has resided with me for the entire year, 2010, and I have always claimed her for tax purposes. Would love to know how best to proceed. Thanks</p>

<p>[FAFSA</a> and Divorce < FAFSA FAQ | FAFSA Online](<a href=“Everything You Need to Know About FAFSA | Edvisors”>Everything You Need to Know About FAFSA | Edvisors)</p>

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<p>It doesn’t matter who claimed the child on their taxes. It is simply a factor of where the child lived. And only if the child lived with both parents equally is then the amount of support considered.</p>

<p>If I am remarried and my daughter lives with me do I have to include my husbands income?</p>

<p>^Absolutely…your husband’s income AND assets will be included.</p>

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<p>nurseryman, it’s far too late for you to start thinking of that if she’s going to college next fall. You are the custodial parent for FAFSA. But, if it’s any consolation, your ex-wife’s income would probably have to be under $30K to get any significant federal aid.</p>

<p>@bertarunner I am also remarried and my husband (my kids’ stepfather) has to include his income in the FAFSA calculations.</p>