Friday, September 23, 2011

How does financial aide for college affect child support?

I am in the process of starting child support proceedings and am unsure of where my financial aide comes in. There is no specific spot on the financial affidavit to put it down and I am worried about it looking as though I have more income ($7000 per semester) than I do as I am finished with school after next semester and then will loose financial aide and begin paying back the loans.|||depends on the type of financial aid.





if you're receiving aid that does not have to be repaid, count it as a reduction in the tuition and fees, not income.





if you're receiving aid that does have to be paid back, its a loan, and thus not income.

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