Can I receive financial aid if my parents' income is high?
Asked 6 months ago
Yes, you might still be eligible for financial aid even if your parents' income is high. The Free Application for Federal Student Aid (FAFSA) considers various factors beyond income, such as family size, number of children attending college, and assets. While a high income may reduce your eligibility for need-based aid, you may still qualify for non-need-based aid, such as unsubsidized federal loans or certain scholarships. Some colleges also provide merit-based scholarships that are not dependent on financial need. Additionally, it's worth noting that financial aid packages can vary between institutions, so it's crucial to complete the FAFSA to see what aid options you might qualify for.
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