This guidance is specific to the 2024-25 award year and later. For 2023-24* award year guidance see AskRegs Q&A, If a Student Is In Legal Guardianship Or Foster Care, Should We Add an Amount For In-Kind Support Or Cash Support?
No. Starting with the 2024-25 award year under the FAFSA Simplification Act, in-kind support and cash support are not reported on the FAFSA, are not included in need analysis, and are not other financial assistance (OFA) when packaging the student with Title IV aid.
While not typical in these circumstances, the financial aid administrator (FAA) could choose to use professional judgment (PJ) if they feel there are special circumstances that need to be addressed (e.g., by reducing the cost of attendance or increasing income) beyond simply receiving in-kind support or cash support. Any PJ decision must be exercised on a case-by-case basis and thoroughly documented in the student’s file.
Remember that schools may not request additional information or require additional forms beyond the FAFSA unless the student is selected for verification, has requested a PJ adjustment related to their dependency status or special circumstances, or has conflicting information. See AskRegs Knowledgebase Q&A, Can a School Require an Institutional Application Or Form To Award Title IV Funds?
P&P Builder: NASFAA’s Policies & Procedures (P&P) Builder guides you step-by-step through the creation of a centralized, accessible policies and procedures manual. This is included in the cost of NASFAA Value Plus membership. There is an additional cost for other membership levels.
AskRegs Q&As represent NASFAA's understanding of regulatory and compliance issues. They are FOR INTERNAL USE ONLY. While NASFAA believes AskRegs Q&As are accurate and factual, they have not been reviewed or approved by the U.S. Department of Education (ED). If you should need written confirmation of AskRegs information for audit or program review purposes, please contact your ED School Participation Division. NASFAA shall not be liable for technical or editorial errors or omissions contained herein; nor for incidental or consequential damages resulting from the furnishing, performance, or use of this material.
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