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Items That May Impact/Reduce Your Award


  • IRA or pension distributions (excluding rollovers during the base tax year)
  • Capital gains
  • Business draws not included as taxable income
  • Support from family members (untaxed income)
  • Parent’s remarriage
  • S-Corp, Corp and/or partnership distributions



  • Fewer members in the household size from one year to the next
  • Fewer students in college from one year to the next
  • Students attending graduate or professional school
  • Students not attending eligible title IV school
  • A sibling turning 24, even if that sibling still receives parental support


Assets and Investments

  • Acquisition of assets or investments
  • Moving out of primary residence but still owning the home
  • Parent’s remarriage