Siblings’ 529 Assets Don’t Count for Federal Financial Aid After the FAFSA Simplification Act, assets in 529 accounts are counted as parental assets only for the beneficiary of the account.

Some financial aid is distributed on a first-come, first-serve basis, so submit this free form as soon as you can.

There's no income limit for who can submit a FAFSA. Financial aid administrators consider your household income as well as your family size and other factors to determine aid eligibility.

The anxiety over federal financial aid comes after more than a year of complications involving the FAFSA, which is typically released each October. A shortened version of the 2023-24 FAFSA was ...