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What Can You Do If Your Parents Won't File the FAFSA or Help Pay for College?
I am in kind of a bad situation. I had a bit of personal problems and had to move out of my house and no longer live with my parents. Unfortunately they will no longer pay for any of my schooling. I previously filled out the FAFSA and did not qualify because my parents made too much money. However, because I ...Published about 3 years ago | -
Which parent is responsible for completing the financial aid application?
I am confused about which parent's information to include on the Free Application for Federal Student Aid (FAFSA). My ex-husband paid child support for 7 months this year from a settlement agreement but has been unemployed for nearly two years. He is re-married. My son is 18, lives with me, and starts college next fall. This year my ex-husband gets to ...Published over 3 years ago | -
Options for a Student Whose Parents Refuse to Complete the FAFSA
I have been financially independent from my parents since I was 19. I'm 23 now. I've been working two jobs and taking 12 hours in school. My school says that I cannot file a FAFSA without my parents' information. My parents will not give me their tax information or even fill it out online. I don't have the stamina to work ...Published over 3 years ago | -
College Board Simplifies CSS/Financial Aid PROFILE Form
While the US Department of Education is working on simplifying the Free Application for Federal Student Aid (FAFSA), the College Board has already been taking similar steps toward simplifying the CSS/Financial Aid PROFILE form. The CSS/Financial Aid PROFILE form tries to calculate a more precise measurement of ability to pay. This necessarily involves asking more questions than on the FAFSA. However, ...Published over 3 years ago | -
Who is Considered an Independent Student? What if you are not yet 24 years old?
I'm having problems with my financial aid. I'm a single mother of one. My daughter is almost three years old and will be attending daycare this semester. I've been going to college for two years and will receive my associates degree soon with a cumulative GPA of 3.7. I will continue my education at another college this fall, and again I'm ...Published almost 3 years ago | -
Reporting of Untaxed Social Security Benefits on the FAFSA and the Impact of IRS Filing Extensions on FAFSA Verification
I am a college student with a severe congenital physical disability. If I apply for and am granted SSI benefits, will receiving these benefits cause my family's EFC to increase? I am not employed and am a full-time student, living in my parents' home. Would we end up paying more for my college expenses if I were to receive SSI benefits? ...Published about 3 years ago | -
Survey Says: Financial Considerations Affecting College Choices
Sallie Mae and Gallup just released the results of a survey of how American families pay for college. The survey found that families are becoming more cost conscious in their college choices. Nevertheless, the majority of families still see college as a necessary and worthwhile investment in their children's future. Students from higher income families were more likely to enroll at ...Published almost 4 years ago | -
Financial Aid without Filing the FAFSA?
I tried to apply for federal student aid last year, and was told that I needed to include my parents tax information to receive aid. I've been living on my own since I was 17, claim myself on my taxes, and support myself with the help of my fiance. I can't afford to go to school without financial aid, and my ...Published over 3 years ago | -
What are Your Options When Your Parents Refuse to File the FAFSA?
I am hoping you can help me with my FAFSA issue. I am 16 and a senior this year in high school, so I plan on attending a university in the fall. However, my dream college is a private university and is extremely expensive. My parents refuse to help pay a dime towards furthering my education — they believe college isn't ...Published almost 3 years ago | -
What Happens If You Deliberately Don't Report Assets on the FAFSA?
I'm doing everything possible to lower my EFC. I have assets, UTMA, mutual funds, stocks and I know they hurt my chances of receiving free money (Federal or state grants). I was thinking of cashing in the assets and putting them in a safety deposit box. That way I won't have to claim them on the FAFSA because they are no ...Published about 2 years ago | -
Is the Non-Custodial Parent a Parent for Federal Student Aid Purposes?
I am divorced and the custodial parent of two children who live with me. Both kids have Coverdell Education Savings Accounts. My soon-to-be college student daughter's Coverdell lists her father (my ex-husband) as the account owner. My son's Coverdell lists me as the account owner. How do I report my daughter's Coverdell on the FAFSA? The fund will not give me ...Published over 3 years ago | -
How the Increase in Financial Aid Applications Will Affect You
Colleges all over the country are seeing a rise in applications for federal financial aid. In 2008, more than a million more students applied for financial aid, marking a 10.5% increase from 2007. In the first quarter of 2009, applications for financial aid are up 20.8% as compared with the first quarter of 2008. Not only are more students applying for ...Published over 4 years ago | -
Clearing Up Confusion. What are Parents Responsible for on FAFSA?
There seems to be a lot of confusion about which parent is responsible for completing the Free Application for Federal Student Aid (FAFSA), so I'm answering a few more questions on this topic. The references to "father's/stepfather's" on the FAFSA can be confusing for children of divorced parents. I'm 17 yrs old and I live with my mother and my stepfather. ...Published over 3 years ago | -
Should Parents Transfer College Savings from an UTMA Account to a 529 Plan?
My twin daughters will be entering college in the fall. We have saved for their college education over the last 17 years. Presently the savings are held in two accounts each: a custodial account under the Uniform Transfer to Minor Act (UTMA) and in a Coverdell Education IRA account. I recently read that in connection with evaluating any possible financial aid ...Published over 2 years ago | -
Which of a Student's Divorced Parents Must Complete the FAFSA? Is the Stepparent's Information Reported on the FAFSA?
I will be filling out the FAFSA soon for my daughter who will be attending college next fall. My question is regarding her father, who is my ex-husband. Her father does not pay child support and has not supported her financially since our divorce 5 years ago. Do I have to include his financial information, or any of his information, on ...Published over 2 years ago | -
How to Include Yourself on Your Teen's FAFSA if You're Enrolled Too
How should a FAFSA be filled out if I have two children going to college and I am enrolling in a graduate program? When it asks how many are attending college it says do not include parents. How do they know that I am also attending college? — Vicki Y. I am a single parent in college and my daughter is ...Published over 3 years ago | -
Is an Emancipated Child Considered an Independent Student?
I am a single parent of three children. One is a junior in college, the middle child will be attending college next year. I have always completed the FAFSA for my oldest daughter, claiming her as my dependent. Her father and and I have split the cost of out-of-pocket expenses. This past year, however, her father took me back to court ...Published over 2 years ago | -
How Does a Parent Enrolling in College Affect the Child's Financial Aid?
My daughter is hoping to attend a private college next year. Of course, we will be applying for financial aid and as many scholarships as we can find! My husband works full time and I have always worked full time. In late February, I was temporarily laid off from my job. I should be returning to work on a part-time basis ...Published about 2 years ago | -
Will Filing Income Tax Returns as Married Filing Separately Affect Eligibility for Student Financial Aid?
My husband and I separated last year and are living at separate addresses. We have not filed for divorce yet or a formal separation. We are considering filing our taxes as married filing separately. I am currently a student at an online university and will need to fill out my FAFSA soon. Although my soon to be ex-husband makes about $75,000 ...Published over 1 year ago | -
How are Trust Funds Reported on the FAFSA?
Each of my parents left me a trust. From each trust I am entitled to the interest income and $5,000 annually. The remainder of the principal stays in the trusts until I die. The trusts then terminate, and the remaining principal is distributed to my son. My son is the one going to college, by the way. This skews my EFC ...Published about 3 years ago |



