Will co-op money affect financial aid?

[4kidsdad]

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will I have to report this when I fill out my Fafsa each year

Yes you do

will this play a role on my EFC

No See <a href=“https://faaaccess.ed.gov/fotw1213/help/faadef46.htm[/url]”>https://faaaccess.ed.gov/fotw1213/help/faadef46.htm&lt;/a&gt;

how much financial aid I get from the government?

I don’t know. It depends. Need more information.

If I make say $15,000 from co-op, how much would I actually get to keep after taxes?

I don’t know. It depends. Need more information.

Can I use my the grant money from my financial aid to pay for the housing while I am on co-op?

Yes you could pay your housing with your grant money. However, that means grant money will be taxable. See Pub 970 [Publication</a> 970 (2012), Tax Benefits for Education](<a href=“http://www.irs.gov/publications/p970/]Publication”>http://www.irs.gov/publications/p970/)</p>

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Bump bump bump

Please give us some time to response.</p>