I recieved an inheritance when my dad died 4 years ago. When I was 19.Most of which was spent on purchasing a place to live.I have had a couple of jobs. Seasonal work, not engouh hours, not steady.I made very little money working. I have been making ends meet with this inheritance. The inheritance is now running out. I need better work and I want to go back to school.Where would I write in an inheritance on a fafsa form?The money is taxed.Its not income technically but it is making ends meet. How much would I write in, the amount I recieved the year the fafsa asks just 2005?Or the sum total of what is left in there( which I don't know because my aunt who is the trustee only knows) ?
2007-03-08 10:57:14 · 3 answers · asked by primamaria04 5 in Education & Reference ➔ Financial Aid
It would more than likely be listed as an asset. You should receive a tax form at the end of the year, right? For exact information, contact FAFSA at 1-800-4-FED-AID (1-800-433-3243).
2007-03-08 11:01:42 · answer #1 · answered by peersignal 3 · 0⤊ 0⤋
You don't unless you don't want any student aid. They don't have to know about it. If you do put it down, it's under ASSETS.
2007-03-08 19:00:05 · answer #2 · answered by Anonymous · 0⤊ 1⤋
asset or additional income
2007-03-08 19:05:27 · answer #3 · answered by margarita 4 · 0⤊ 0⤋