Question about college tuition?

[BABY_EINSTEIN'S_MOM]

Does anyone know if overtime counts when figuring the parents estimated contribution for college costs?

 

[Tinker'n'Fun]

It is based on your taxes and I am sure that your overtime is included, so yes the overtime will be included if it occured in the tax year you are claiming.

 

[karliebug]

Yes, of course it counts. All income earned counts.

 

[eatatmidnight]

Yes it does. It's pretty much based upon your adjusted gross income and number of college aged students you have. We have 1 student in college and our Expected Family Contribution is about 30 percent of our gross income.

 

[Green Tea]

It is declared income, so yes.

 

[BABY_EINSTEIN'S_MOM]

Sorry if that was a dumb question, but my kids aren't at the age where we have had to deal with that yet. Thanks!