House Ownership Fafsa-Independent Student

Paying for College
1

<p>So I will soon own my family's home (I'm co-buying it with my aunt). My mother, aunt, and two sisters (one who has two children 2 and 8 years old) live there currently free of rent and I live there during winter break and summer break (I even have my car there and the majority of my procession). </p>

<p>Unfortunately, when I'm away at school I cannot live there (my family home is in Southern California and my school is in Northern California), however, I plan to move back in a year when I finish school.</p>

<p>I'm also consider an independent student. </p>

<p>So my question is do I have to list my house as an asset or is it still considered my primary home since it is not rented and I receive no income from it? </p>

2

<p>I think it is your primary home. No student lives in their family home while in school unless possibly commuting . So, no, it is not. </p>

3

<p>Primary home since you live there.</p>

4

<p>If it is a property under your name (even co-own), it better be your primary home.</p>