Our income is below 50K, and we are on reduced lunch. Our assets though are 21,000 in savings, 35, 000 in common stock. We rolled over 22,000 in IRA. How does fafsa work in this case. Do the assets get ignored?
Our income is below 50K, and we are on reduced lunch. Our assets though are 21,000 in savings, 35, 000 in common stock. We rolled over 22,000 in IRA. How does fafsa work in this case. Do the assets get ignored?
Here is the formula guide https://ifap.ed.gov/efcformulaguide/attachments/2021EFCFormulaGuide.pdf