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9.3. Ask about the impact of a second income on aid eligibility.

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This article is from the Financial Aid, Scholarships, and Fellowships FAQ, by Mark Kantrowitz with numerous contributions by others.

9.3. Ask about the impact of a second income on aid eligibility.

If the second income is low and introduces additional expenses
(e.g., child care), sometimes it does not pay for the second
parent to work. Examine the tradeoffs very carefully.

 

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previous page: 9.2. Don't play asset shifting games.page up: Financial Aid, Scholarships, and Fellowships FAQnext page: 9.4. Don't try to finagle the financial aid regulations and policies.