My parents saved up money for me in a college bond fund to use when I go to college. But when I heard about this FAFSA (financial aid) thing I decided to look in on it but couldn't find a good answer.
My friends tell me I am eligible because my mom (only live with my mom) don't have a job and our income comes directly from renting out a floor of our house (20k). But my mom said I'm not because I have money saved for specifically for college and she said that it is cheating the government and that is illegal.
Summary: I have a college bond fund (money saved up specifically for college) and our income is 20k a year. Am I eligible for financial aid?
My friends tell me I am eligible because my mom (only live with my mom) don't have a job and our income comes directly from renting out a floor of our house (20k). But my mom said I'm not because I have money saved for specifically for college and she said that it is cheating the government and that is illegal.
Summary: I have a college bond fund (money saved up specifically for college) and our income is 20k a year. Am I eligible for financial aid?