Apple Card
When applying w yearly income can college students input their financial aid and grants as income?
Question marked as
I chatted with an Apple Card Specialist at Goldman Sachs several months ago and this is what they told me.
“Include all sources of income, including income from assets. [For your reference, example sources of income can include]:
Wages from full-time, part-time, or seasonal jobs
Self-employment income
Interest or dividends from investments
Retirement income
Public assistance
If you include non-taxable income / benefits, increase amount by 25%
Shared income from someone else that is regularly deposited into your individual account or into a joint account
If you are 21 or older, you may also include the portion of someone else’s income that is regularly used to pay your expenses”
In my experience grants and financial aid can be included in income, but not student loans.