Can I receive financial aid if my parents' income is high?

Asked a year 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.
Jeff Whelpley is the editor / author responsible for this content.
Answered May 3, 2024

Need further help?

Type out your followup or related question and we will get you an answer right away.

Need to call US Dept. of Education - Financial Aid?

If you need to call US Dept. of Education - Financial Aid customer service, now that you have the answers that you needed, click the button below. You can either call them on your phone or use our free AI-powered phone to dial for you, get a rep for you, and more.
Call US Dept. of Education - Financial Aid

US Dept. of Education - Financial Aid

Find a list of many popular US Dept. of Education - Financial Aid questions with answers or step by step guides on our FAQ page below. Or ask a whole new question and get an answer right away.
Call US Dept. of Education - Financial AidUS Dept. of Education - Financial Aid Customer Service FAQAsk a Question
Was this page helpful?YesNeeds work
Sharing is what powers GetHuman's free customer service contact information and tools. You can help!