<p>I did not get asked any questions about my income or taxes??Should they have had asked me?I now am a dependent child with no job living with parents...I am worried case in SAR it says I left it blank and data is required with an "h" next to it. I tired to make corrections but nothing will lead me to those questions.</p>
<p>Are your parents’ incomes below $31,000? If so you may qualify for the auto 0 EFC where everything else (parent assets and student income/assets) is ignored. If you triggered an auto 0 designation then you may have triggered the skip logic function in FAFSA where it does not ask you unnecessary questions (based on previous questions about income and types of tax return or eligibility for other criteria for auto 0).</p>
<p>If parent AGI is over $31k then something is wrong.</p>
<p>Does anyone know when real estate assets affect fiancial aid amounts? I own a couple of houses in my name, but don’t make much income.</p>
<p>Investment property net value and income (even “not much”) from real estate are to be reported on the fafsa. I’m not sure what you mean by “when”, because the answer is always. All income is to be reported.</p>
<p>3ofthem…re: real estate other than your primary residence. The equity in those pieces of real estate are considered an asset just like any other asset on the FAFSA…and that equity is assessed at 5.6% of its value added to your EFC.</p>
<p>If any of the properties are rental incomes, the rent is also included…and this is added in as income.</p>
<p>To the OP…wait a day and then go back into your submitted FAFSA…and see if those questions come up.</p>
<p>I don’t know what the “h” means…perhaps someone else does.</p>
<p>When you were doing the FAFSA, did you get a prompt at any point that told you that you were not required to fill in asset information?</p>
<p>Thanks Thumper1. I was wondering if there is a point where my assets would be too high to qualify for aid. It is also tough to put values on real estate in this market.</p>