My son is class of 2017 and I know 2015 taxes are used to determine financial aid. How are layoffs treated? Husband made a very good salary but due to his age will almost certainly make less (if he can find a job) I am concerned that the high salary for the first half of 2015 would keep us from getting need based aid. (Kid is currently completely freaking out.) Will colleges consider the affect/prospects related to the layoff.
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