Thanks for getting back to me. I use Paypal for sportsbetting activity, which in addition to what's left of grants & scholarships after school expenses is how I've been supporting myself. Paypal records my transactions, of course, and I have Paypal statements; transfers from Paypal to my bank are recorded in my checking account. I assume Paypal counts as a "cash account," as defined by FAFSA. The leftover, taxable financial aid--which I use for rent, groceries, etc--seems like it might be treated differently than aid money paid to my school for tuition or used by me for books and supplies. I'm not sure if FAFSA makes a distinction. If they don't, then I would report the balance in my bank as 0, since the excess aid received ("financial aid refunds") would cover both my checking account and Paypal balances at the time the FAFSA was filed. If they do make a distinction (meaning that the extra aid should be treated like any other income), then I assume I would add what's in my bank and what's in Paypal and enter that. (I already submitted the FAFSA, so whatever the case I'd have to go in and make the necessary changes ASAP.) Sorry if that's a lot to sift through. I appreciate any and all insight, info, and advice.
Edit: Just as a clarification, the aid money isn't processed via Paypal. Only the other funds.
