Thursday, December 8, 2011

If I fill out a FASFA will the student be allowed to view my financial information?

Student wants parent to fill out FASFA form. Parent does not understand why their information is needed if they will not be responsible for repayment.|||The information is needed to determine how much grant money the government will provide student. Yes the student can view the financial info if it is provided to student. In order to avoid this, have the student fill out paperwork, provide to you and you turn paperwork in . FASFA is not re-paid. It is government grant program, it does matter what parental income is as the government program is in place to help students who truly need assistance with fees. The government (US) feels that parents who make a certain income should be responsible for tuiton and assisting child, or the child obtain financing.|||Because the student is your dependent. The government needs to know your income and all that so they know how much they can give the student in loans.

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