Question Regarding getting Fafsa and investing stock at the same time? Does tax and stuff affect my FAFSA?

michael_leung1987 asked:


I am a college student right now, at my junior year. I haven’t work and i won’t plan to work this year either. But i have some excess financial money that i am planning to buy stock with. I am planning to use around 1000 dollars to buy stock thru Scottrade. My question is, Does stock counts as asset when i apply for fafsa next year?? What if i sold the stock before i renew/apply for next year fafsa? Does that still count as my asset?? How much investment income i make will impact my fafsa??

Thank you

Trading and Investing for beginners

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1 Comment so far

1. Lucy mansfield  February 21, 2010 12:22 pm

   An investment however read the fine print in these figures.