<p>Financial aid is not based on income from the W2 alone. It is based on all your income, including any rental income.</p>
<p>A moot point though. With over $730k in personal assets (not including the IRA, business assets and receivable thingy) it is extremely unlikely you will be eligible for need based financial aid anywhere. At 5.6% those assets alone will make your FAFSA EFC over 40,000.</p>