<p>My sister and I are both going to be entering college this month as freshman. This year, we both received a substantial amount of need based aid from our respective schools. However, we are unsure as to how the financial aid process will work out in years to come. Currently, our household consists of both my parents, my sister, and myself. My parents make a combined income of around $32,000 a year, allowing us to qualify for a substantial amount of need based aid. However, our situation may change in the coming year. My parents have come up with two possible scenarios. </p>
<p>Scenario 1: My parents are going to move across the country to live with my oldest sister and her husband, who together, make a fair amount of money. However, they will sign legal guardianship of my collegebound sister and I over to my other sister who is a single mother who makes a modest amount of money. During this year, they will not provide my sister and me with any assistance. If this scenario does work out, will my sister and I be able to use our legal guardian's income information on the FAFSA/CSS Profile next year or would we still have to use our parents information? </p>
<p>Scenario 2: My parents move across the country with my oldest sister and her husband. However, they continue to provide my sister and I with assistance while we're in school. When filling out the FAFSA/CSS Profile, would my sister and I ONLY use my parents income information or would we need to use my oldest sister and her husband's information as well?</p>
<p>Any advice would be hugely appreciated!</p>