Is my family’s income too high to qualify for aid?
Financial aid is intended to make college available to students from many different financial situations. College financial aid officers consider family income, the number of family members in college, medical expenses and many other factors when reviewing your financial aid application. So, even if you think your family income is too high for you to qualify for aid, you should fill out the Free Application for Federal Student Aid (FAFSA) as soon as possible after Oct. 1. This form determines your eligibility for federal and state student grants, work-study and federal loans.
The best way to get an estimate of how much financial aid a college will offer you — and therefore how much you’ll really pay to go to that college — is to use the college’s net price calculator. Most colleges have these tools on their websites. Net price calculators give you an estimate of your net price for a particular college — that is, the cost of attendance minus the gift aid you might get. Learn more about net price.