Question : When filling out a FAFSA where would I write in an inheritance?
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) ?
- asked by primamaria04
All Answers: Answer #1 You don't unless you don't want any student aid. They don't have to know about it. If you do putit down, it's under ASSETS. - answered by I'm smarterest
Answer #2 It would more than likely be listed as an asset. You should receive a tax form at the end of theyear, right? For exact information, contact FAFSAat 1-800-4-FED-AID (1-800-433-3243). - answered by peersignal
Answer #3 asset or additional income - answered by margarita
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