How do I explain this?

Paying for College
1

<p>Heyo.</p>

<p>So last year, my parents made a substantial amount (not a lot, but enough for middle income) of money, but right after we filed our taxes, my dad got really sick and can't work anymore (he's currently filing to get government support) and few weeks later, my mom quit her job (they were treating her really badly) and got a new one. Now, our household is making less than half of what we made last year.</p>

<p>I know that colleges look at your last tax filing period, but it obviously doesn't apply to us now. How can we explain that our household income dropped significantly?</p>

<p>Thanks.</p>

2

<p>It’s best to contact the colleges’ financial aid office and explain the situation. I’m sure they can better assist you.</p>

3

<p>Do they have a lot of savings/real estate/investments? If so, the colleges may still want you to tap into those :/. Good luck, though!</p>

4

<p>You can contact the financial aid department and ask for a special circumstances adjustment because of a change in your financial circumstances. They can make adjustments for certain things such as loss of income, high medical expenses.</p>