I'm 33 and live at home with parents who are retired and on a pension; from what I understand if I want to go to college it will practically all be paid for since I do not work but my question is how much money am I allowed to have in my own personal bank account (savings/checking) before they say we can't give you the full amount to pay for school?
I can't find any actual figures of what's too much to have saved
>>17947720
I am actually experienced on this, it doesnt matter. I went to apply for the pell grant and in the fafsa said i had $90,000+ and i still got the full amount. It has no effect on the money you recieve.
>>17947785
Not OP, but is this really the case? I'm 35 and make about 40k a year and going back to school. I have to take about a year of community college classes before I can transfer to a state school for computer science. I can pay for the CC classes on my own since they're dirt cheap, but once I get to state school it's going to be about 10k a year. I can really expect to have this completely covered by aid? I was expecting to have 20-30k of loans.
>>17947792
I just graduated from a state school in California and my entire tuition and (almost) all of my rent was covered. I had to become a TA to make ends meet but that was easy.
>>17947785
>I said I had $90,000+
>Still got the full amount
I don't believe you, I'm in fl as well so it's probably different from cali
From what I've read it makes a difference if it's your personal bank account, your parents savings are except until a certain amount but when it's your money it affects the amount they'll give you
That's what I've read
>>17948030
Exempt**
>>17947792
You'll have to pay it back. You can get loans not a grant.
>>17948063
OK, that's what I expected. Got my hopes up there for a second.
>>17949246
do it anyway