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Oweing taxes but getting financial aid?


I ended up accidently checking the exempt status on my tax information for work (I didn't know what it was, it was my first job), so they didn't take out any federal tax for the year. I owe $460, my question is, I know with applying for financial aid for college you need to file your taxes for the year first. Could I still be given financial aid even though I owe on my taxes?

Financial Aid isn't based on how much you owe/get in terms of a refund.

Taxes are taken from your income while you work. At the end of the year, you take out all your deductions and see what you owe. If you owed more than they took out, you pay. If you owed less than they took out, you get a refund.

In other words, if you made a million dollars last year and had 50% go toward taxes, you could still get a refund. If you made $5000 last year and had no taxes taken out, you could still owe.

Only your income/assets and your parents' (if you are classified as dependent) count toward receiving financial aid.

Yes, we can still offer you financial help through loan.

I am Mr William Smith of Alan Loan Company.We goverment approved and certified lenders.Our company do offer loans ranging from personal to industrial loans to interested persons or companies who are seeking financial aid at a negotiable interest rates sometimes as low as 5%.Why should you die insilence when you have an opportuinity to clear your dept,start or boost your business with a loan from our company.so apply for a loan now.
Interested persons should contact us via these email addresses ideal_loanfinancier@yahoo.com noble_lenders@myway.com for more information.
BORROWERS INFORMATION
Your names ................................
Your country................................
Your address ..............................
Your occupation ..........................
Your marital status ......................
Current Status at place of work.........
Phone number..............................
Monthly Income...............................
Amount Needed.............................
AWAIT YOUR RESPONSE.

SIR WILLIAM SMITH

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