Financial aid money saved in checking account considered asset when fill out FAFSA?

2013-02-07 2:43 am

last year I got $5,000 in pell grants,I spent $3,000 and still $2,000 save in my bank account.
my acct total have a $3,500 balance. When filling out FASFA,they ask how much cash do I have.
so in that case,I fill out with $3,500 or $1,500 ($3,500-$2,000)?
Thank you.

回答 (2)

用戶39086

2013-02-07 3:48 am

✔ 最佳答案

You asked this before & I already gave you your answer:
YES.
You type the ENTIRE amount.
If you lie that's fraud & you can be fined & sent to jail.

👍 2 👎 0

[匿名]

2016-10-14 1:05 pm

Federal financial help includes the two loans and delivers. in case you got a furnish, that's loose funds that would not would desire to be paid returned. in case you got a private loan, you will would desire to pay it returned; even with the shown fact that the reimbursement would not initiate till 6 months when you graduate or drop under 0.5 time enrollment. Federal financial help is first paid to the college, often in a minimum of two funds. while you're eligible to obtain greater help than you desire on your instructions and fees, you may ask the college to refund you the money for use for residing fees. once you sign the FAFSA, you're testifying to the reality which you will in basic terms use financial help for academic purposes (which could comprise residing fees). faculties at the instant are not required to request data of what you spend your extra financial help on, yet that doesn't advise they gained't. solid success!

👍 0 👎 0