Parents sometimes wonder if it’s worthwhile to file the Free Application for Federal Student Aid (FAFSA), especially if they think their income is too high for their child to qualify for need-based federal financial aid. However, there are no simple FAFSA income limits, or income cutoffs on financial aid eligibility, in part due to the complexity of financial aid formulas. We recommend that everyone fills out the FAFSA as close to the October 1st date as possible.
https://www.savingforcollege.com/article/is-there-an-income-cutoff-on-eligibility-for-financial-aid