Fed Financial
How does stock investment affect financial aid?
I am 18 and have taken a year off before attending college. I am interested in starting short term stock trading but I was wondering what affect this would have on my financial aid. I am still considered a dependent of my mother and her adjusted gross income is pretty low.
Public Comments
- The value of your assets are reported on Worksheet B of the FAFSA as of the date you file the FAFSA. Approximately 30% of the value of the asset is counted as part of the EFC for dependent students. This would likely hurt your chances for Pell eligibility if your parent's income is very low.
