Do colleges look at bank savings when you apply for federal aid?

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Do colleges look at bank savings when you apply for federal aid?

2007-02-19 12:23:11 · 5 answers · asked by ? 2 in Education & Reference ➔ Financial Aid

5 answers

2007-02-19 12:34:16 · answer #1 · answered by Hi 7 · 0⤊ 0⤋

Yes they do. If you have bank savings that is money Not already from loans that counts. You might happen to withdraw some money and then deposit after you apply......

2007-02-19 23:12:39 · answer #2 · answered by RedPower Woman 6 · 0⤊ 0⤋

When you fill out the FAFSA you have to put down how much you have in checking and savings.

2007-02-19 20:31:07 · answer #3 · answered by dc87 6 · 1⤊ 0⤋

No they look at how much you made last year. And how much your parents made if you are under 18.

2007-02-19 20:42:39 · answer #4 · answered by I S 1 · 0⤊ 0⤋

No, the only thing that qualifies you for financial aid is income.

2007-02-19 20:27:43 · answer #5 · answered by starryeyed75 4 · 0⤊ 1⤋