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Exactly how poor do you have to be to qualify for federal financial aid for college?

I'm not even trying to be offensive. The only people I know who ever qualified for financial aid came from single family homes in which the parent was on disability or welfare. I am certainly not rich (or able to pay for college out of my pocket), but my husband and I are both gainfully employed. I've known many many people who were struggling financially, living in modest homes, etc. and they did not get one penny of financial aid because the government said they made too much money. What the heck. Are my chances for financial aid almost zero?

Asked By: af - 6/22/2009
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af... More
Answered By: NotAnyoneYouKnow - 6/22/2009
Additional Answers (4)
It is easy enough to fill out the application online to find out. Do you have dependents? If both your husband and you are employed full time and are financially okay and do not have kids then you may not qualify or you may, but may still have out of pocket expenses... More
Answered By: j b - 6/22/2009
 
go to fafsa.ed.gov There you will find your answers. Good Luck! Vera
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Answered By: Vera - 6/22/2009
 
Not only people who come from single family homes get financial aid. It depends on the parents gross income amount and the number of people in the house. I'd say if you made below 40,000 dollars a year, you could qualify for a pell grant and a subsidized loan.
Answered By: Jarvis - 6/22/2009
 
The first step is to fill out the FAFSA (If you are in the states). You can visit this link http://www.fafsa.ed.gov/faq003.htm which has all of the information on eligibility. As a student, I was eligible for a lot of financial aid and I live with both of my parents and we are not on welfare. There are many factors... More
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Answered By: Susie - 6/22/2009
 
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