previous loans and FAFSA

[guitarn247]

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Hey everyone I have a quick question..

I am enrolled in a postbac graduate program now and during my time here (07-08 school year) I receieved loans. Now I am applying for the 08-09 FAFSA for medical school, do I need to include the money I received as loans for the renewal FAFSA? Thanks guys in advance

 

[TMP-SMX]

Include it as what? Any loan money you have in your bank account you shouldn't include in that amount.

 

[guitarn247]

yea it is money that is in my bank account..
I just meant include it under the section that asks about previoius loans received from the last year.. I think it was like Worksheet C or one of those sections on the FAFSA

 

[TMP-SMX]

yea it is money that is in my bank account..
I just meant include it under the section that asks about previoius loans received from the last year.. I think it was like Worksheet C or one of those sections on the FAFSA

I'm not seeing anything for loans except for Worksheet B where they say to not include financial aid. In C there is only education credits, child support, taxable earnings from need-based employment, or student grants/scholarships that were included in your AGI.

What I thought you were talking about is your current cash/savings which in that case they say do not include loans.