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<p>That is good! I hope she includes your dad’s income on it as well. That will be required when you file the FAFSA. Both your mom’s and dad’s incomes will be used to determine your eligibility for need based aid. This would be true at schools requiring the Profile as well…income and assets from both parents.</p>
<p>But truthfully, from what you’ve put here, you will not likely qualify for need based aid at most schools.</p>
<p>As others have mentioned…you definitely can pay for a college education in the U.S. on $40K per year (which adds together what you said your family can pay and the Stafford loan). BUT you will have to look for schools within that price range. </p>
<p>Off the top of my head…the SUNY schools, U of Minnesota, some of the southern schools (U of South Carolina, the UNC schools but not Chapel Hill). I’m sure there are others and I’m quite sure others will pipe in. </p>
<p>It sounds like you are a senior. If you haven’t already applied to at least one U.S. school that meets your financial criteria, you might want to look into doing so.</p>