The good news is that there’s no official income limit to qualify for federal financial aid. If you think your parents make too much to receive financial assistance, it’s worth applying anyway. You might be surprised at what you can receive. Plus, it’s free to submit a FAFSA — it costs only a bit of your time.
Keep in mind that you may not be able to receive subsidized federal loans since eligibility is determined by level of financial need. However, you could still receive unsubsidized federal loans, which typically come with lower interest rates than private loans.
Additionally, you could apply for merit-based scholarships, which review your academic performance instead of your financial situation.