Re-evaluating Ineligible Circumstances

Ineligible circumstances Include:

Change in income due to voluntary separation from employment
Loss of untaxed social security benefits or other untaxed income not reported on FAFSA
Consumer debt expenses (e.g. credit cards, mortgage, auto, loans, etc.)
Home equity, IRA 401k loan payments
Primary or secondary tuition costs
Bankruptcy (Chapter 7)
Medical insurance premiums
Income changes occurred outside of the adjustable income year the base year (01/01/2012 to 12/31/2012)
Student is not claimed as a dependent on parent(s) income tax return
Elementary or secondary tuition expenses for siblings (dependent students) or children (independent students)