FAFSA Disqualification due to On Paper vs Reality Custodial Arrangement
Short version is son is over 18 now and tried to get FAFSA loans. Ex and I are joint managing conservators and on paper had a 50-50 custody split when he was under 18. In reality, I was the sole parent and received zero support. I paid 100% of expenses. We did not realize dad's income would be counted towards FAFSA due to the split custody. Son does not qualify for loans since dad makes so much money. Dad stated will give $0 for college. Are we doing something wrong? Other avenues? Any advice?