Question:

I own a house in ny, but I am currently applying to grad school. Would i still be able to get financial aid?

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I own a house in ny, but I am currently applying to grad school. Would i still be able to get financial aid?

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  1. Yes, you will still be eligible for financial aid, although  it will likely be limited to student loans such as the Stafford.  As a grad student you are no longer eligible for federal grants and private grants tend to be far and few between as well.  

    Owning a home, if it is your place of residence will have no impact on your FAFSA.  If it is rental income it will have a negative impact based on the value.  Not so much so that you are not eligible for Stafford loans though.


  2. Most likely it would only be a student loan

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