Does getting military housing allowance affect FAFSA EFC Score?
Amanda: Military housing and food allowance benefits are considered “untaxed income and benefits” for FAFSA purposes. Those amounts get added together on Worksheet B when you’re filling out the FAFSA, and the bottom line “sum” from that worksheet gets entered for Question 41 on the FAFSA form itself. I can’t directly answer your question about how much it will impact your EFC, because I don’t know any of the other data that you’ve submitted, but I can tell you this: Your taxed and untaxed income are added together. The income tax (state and federal) and social security tax that you have paid is subtracted from that total. The calculation then subtracts another several thousand dollars, depending on your dependency and marital status – that amount ranges from about $3300 if you a dependent student to about $9900 if you are a married student whose husband doesn’t attend school at least half time. If you are married and you both work, they then subtract yet another amount for “employment
