Hyman Coren: It means that you have too much money to get aid. Either your parents make too much or you have some assets yourself or something. Basically you can't get a loan at a cheap rate unless you go to outside sources.
Krystal Cordovano: okay that previous answer is partially right. You don't qualify for grants because of the total income on the FAFSA. However it has nothing to do with loan rates. Federal loan are determined by the Department of Ed (currently at 6.8). Alternative loans are credit based, so the more income you have the better your rates (typically). Talk to you Financial Aid Advisor before you apply for any loans other than the Federal Stafford loan.
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