Earning before starting Med School

[krakatoa]

Let's say you earn some money in the year right before you enter med school. In doing your FAFSA for the next school term, will the financial aid package (so that would be for your 2nd year) take into account all the money you've made, or can you claim educaiton credit (or whatever that's called)? Thanks.

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[vesper9]

Let's say you earn some money in the year right before you enter med school. In doing your FAFSA for the next school term, will the financial aid package (so that would be for your 2nd year) take into account all the money you've made, or can you claim educaiton credit (or whatever that's called)? Thanks.

you'll have to tell them how much you earned according to your 1040 or whatever Federal tax stuff ...just look at a renewal FAFSA form online

 

[discus]

you'll have to tell them how much you earned according to your 1040 or whatever Federal tax stuff ...just look at a renewal FAFSA form online

didn't someone also mention in one of the threads that how much you earn could matter little because you're paying so much for school? I'm not sure, though, krakat...might want to check w/ your financial advisor on that.