Does the interest I earn on my investments affect my FAFSA?
Charles T asked:
I am a college sophomore. I earned about $5000 last year in interest from savings and investments. My total income for the year, however, was still only about $18,000 including this interest. Even though my total income is low, will the high interest amount I earned adversly affect my chances of qualifying for federal student aid next semester?
I am a college sophomore. I earned about $5000 last year in interest from savings and investments. My total income for the year, however, was still only about $18,000 including this interest. Even though my total income is low, will the high interest amount I earned adversly affect my chances of qualifying for federal student aid next semester?