How much money would I get from FAFSA?

<p>I have 4 members in my family, and income is $3000 to $3500.</p>

<p>FAFSA only allocates direct federal aid. Your EFC is likely to be zero, which means you would be eligible for a $5,500 Pell Grant and $5,500 in Stafford Loans, a percentage of which will be subsidized (interest paid while you’re in school).</p>

<p>Aid beyond that is determined by each individual school, or in the case of state-based programs, states.</p>

<p>FAFSA doesn’t give money. It is a financial aid application form. </p>

<p>Are you a U.S. citizen? If so, with an income that low, you would qualify for the max Pell grant $5400, and a $5500 stafford loan. </p>

<p>Is you income $3000 a YEAR?</p>

<p>But you should be well prepared to document how a family of four lives on a $3000 a year income. It is very likely you will be asked to do so if your financial aid application is selected for verification.</p>