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As a married couple filing jointly, if your income was below $32,000 for the year you would not be taxed and would not have to include this amount on the FAFSA form. If your income fell between $ ...
However, tax-exempt interest income can impact a student's financial aid eligibility. Interest earned from municipal ...
Personal net income is calculated as the total amount of revenue earned less the total amount of personal expenses. This differs from gross ... you work in a given month multiplied by your hourly ...
Earned income includes salaries, wages, tips, professional fees, and taxable scholarship and fellowship grants. Gross income is the total of your earned and unearned income. If you were NOT either age ...
Who qualifies for the Earned Income Tax Credit? Adjusted gross ... work — of no more than $18,591 (single, no dependents) to $66,819 (married filing jointly, three or more dependents). Also ...
In some cases, a family's financial circumstances may have changed since the tax year information being used to complete the FAFSA. You may request that we evaluate your need-based aid on your more ...
Eligibility for federal student financial aid ... earned from municipal bonds is an example of this type of income. Although this income is not subject to federal income tax, it is included as part of ...