question about student loans?

I'm assuming this is for your children who may be going to University. I'm pretty sure you will not be entitled to a grant due to your household income. They'd probably give a student loan which would be smaller again due to your household income. To give you an example. I was given the lowest rate of maintenance grant and allowed the maximum amount of loan. Funny eh? My mum is a single parent on around 38K...

Hope this helps...

So, if I understand correctly, you are a household of 6 (if all those kids are still dependents)

the maximum amount of pell grant funding is linked to living at poverty level

for 2012, the poverty level for a 6 person household is Just under 31k & 133% is just over 40K

http://coverageforall.org/pdf/FHCE_FedPovertyLevel...

so, my guess is that you would get some, but probably not the maximum amount of Pell Grant

and you would likely qualify for full amount of FAFSA generated student loans

You should also look into applying for state aid --- some states are generous (California) and others (Alabama) have nothing to offer if you aren't high school senior with high gpa-- but definitely something you should apply for & find out

you could check with the school about FSEOG & Work-Study

some schools might have needs-based scholarships & you might qualify for merit scholarships

the only way you are going to know is to apply for all available aid

starting with FAFSA: http://www.fafsa.ed.gov/