<p>Hi
I've a Question about QB application for son. Our family income for 2010 was about $62000. THis year 2011 it will be several thousand lesser due to reduced work hrs. He is applying for 2012 so which income is taken into consideration so decide on financial eligibility? Also when and who does this verification, QB or the college based on FAFSA?
Thanks</p>
<p>It is your income for 2010. However there is a section to explain your current situation and how your income might change for 2011. I am in the same position, with a 2010 income of ~60K while our expected 2011 income should be more around ~40K.</p>