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I am filing the 2010-2011 FAFSA but my 2009 federal tax return will not accurately reflect what my family income will be for 2010 because I have experienced a reduction in income. What should I do?

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I am filing the 2010-2011 FAFSA but my 2009 federal tax return will not accurately reflect what my family income will be for 2010 because I have experienced a reduction in income. What should I do?

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If you know that your income during 2010 (the period 1/1/2010-12/31/201) will be less than the adjusted gross income listed on your 2009 federal tax returns, do the following: File the FAFSA using the figures on your 2009 tax returns, as requested. Then, complete a Reduced Income Form on-line at www.arcadia.edu/finaidforms). This will allow us to evaluate your financial aid on the basis of your projected 2009 income.

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