If you're not a homeowner or you have very poor credit, consider debt relief instead of a mortgage.

1) Type of debt:

Credit Card Debt
Student Loan Debt
Tax Debt
Other Debt

2) What State do you live in?

-- State -- Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Washington DC Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

Your Profile:     Campus • Graduate/Doctoral Degree • Traditional • Full Time     (change your profile)

Your financial aid eligibility can change drastically with a change in your income. When you report changes in your financial status on the Free Application for Federal Student Aid (FAFSA), the information may affect the amount of financial aid for which you are eligible.

Financial Status and Aid Eligibility
If your income and asset information changes from year to year, your financial aid eligibility may be affected. Your aid eligibility can also be affected by changes in the number of people in your household and the number of family members attending school.

Expected Family Contribution (EFC)
The income and asset information you submit on your FAFSA is used to calculate how much you are expected to contribute toward your yearly educational expenses. The Expected Family Contribution (EFC) and the cost of attending your educational institution are used to determine your financial aid eligibility. In general, students with high EFCs are eligible for less aid than those with low EFCs. Errors on the FAFSA can significantly impact the accuracy of your EFC so be as precise as possible when you complete the FAFSA.

Finding that great new job might mean a bigger paycheck, but it could also reduce your financial aid. On the other hand, if you lose your job or plan to work fewer hours, it could mean more financial aid in your pocket. If your income or asset information changes during the academic year or you realize you made a mistake on the form, contact your school's financial aid office as soon as possible.