What is the Income Limit for FAFSA 2023-24?

The maximum Pell Grant award for the academic year 2023-24 is $8,670.

What is the Maximum Pell Grant Amount for 2023-24?

The truth is there is no upper limit on income to apply for the FAFSA.

What is the FAFSA Income Limit?

How is Your Financial Aid Calculated?

Financial aid is calculated based on a number of factors, including your expected family contribution, the year you have been enrolled, and the cost of attending school.

The Expected Family Contribution is the amount that the federal government believes that your family can contribute towards your education.

What is the FAFSA Expected Family Contribution?

What is the Cost of Attendance?

It’s the total amount of money that a student will need to spend in order to attend school for an academic year.

Can You Get Financial Aid if Your Parents Make 100K?

You can and should apply to the FAFSA even if your parents earn 100K.

There are no FAFSA income limits for parents of dependent and independent students so you should submit the FAFSA even if you think your income is high.

Should You Fill the FAFSA if your Income is High?

Click the Link Below to Read the Full Article