Anonymous
Post 05/31/2015 18:08     Subject: Income varies annually-financial aid question

Be prepared: FAFSA is not kind to business owners. Also, the individual school's net price calculators are often inaccurate to business owners.
Anonymous
Post 05/30/2015 10:26     Subject: Income varies annually-financial aid question

Be sure to include a lot of expenses and the money (profit) you invest in your consultancy or business. Declare only what is necessary.
Anonymous
Post 05/27/2015 04:17     Subject: Income varies annually-financial aid question

The prior year. So if he's going to college in the fall of 2016 you'll provide info off your 2015 tax returns.
Anonymous
Post 05/27/2015 03:42     Subject: Income varies annually-financial aid question

How far back do schools/FAFSA want tax returns for calculating financial aid?
Our income varies quite a bit from year to year.
And is it calculated on gross or net income?
Thank you. Signed self employed mother to a junior