What is the income limit to qualify for financial aid?

There is no specific income limit. The FAFSA application uses a complex need analysis formula to evaluate income, number of people in the household and in college, age of the eldest parent, investments, cash, savings, checking, and even the state of legal residence. You provide this information on the FAFSA application and the result of the formula is the EFC (Expected Family Contribution) which is used to determine your family's ability to pay for educational costs.