Nothing happens when you get a job. You will be fine. Your financial aid year is based off your academic year with the school. When you renew your FAFSA next year then you enter your new employment tax info if required but you will be awarded according to the school. Student loans are not credit or income based. You can also call FAFSA directly. I have worked in financial aid in Higher Education for 5 years. You will be fine.
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