Financial talk

I would like to apply for Financial Aid for my studies. If I am eligible to fill out 1040A, do I have to submit information on assets? Ok, I would like to apply for FAFSA but would prefer not to to submit family asset information. This is what I found - I am Independent student with spouse and no other dependents and I would like to qualify for Simplified Needs Test (SNT) because in that case they wouldn't consider any asset information. These are the conditions to be able to qualify for SNT: •Student and spouse had adjusted gross income of less than $50,000; and •Either: oStudent and spouse not required to file tax return or filed (or eligible to file) 1040A or EZ, or oStudent or spouse received means-tested benefits in previous 12-month period.