What is a schedule 1 fafsa?

A Schedule 1 FAFSA is a form that collects additional information about a student's financial situation. This form is required for students who are independent, married, have dependents other than a spouse, or who meet certain other criteria. The Schedule 1 FAFSA asks for detailed information about income, assets, and expenses to determine the student's eligibility for federal financial aid. It is important to accurately complete this form in order to receive the maximum amount of aid possible.