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Is a Student with Children But No Income Considered to be Independent?

Is a Student with Children But No Income Considered to be Independent?

I am under 24 years of age. I did not have any income the year before last. I have 2 children and live with a partner of 6 years. He is ...

By The Fastweb Team
Published August 31, 2017
Does Parental Support Affect Independent Student Status?

Does Parental Support Affect Independent Student Status?

A student who has one or more dependent children that she supports is considered independent on the FAFSA.

By The Fastweb Team
Published September 27, 2017
Should Parents Pay Off Credit Cards Before Applying for College Loans and Other Aid?

Should Parents Pay Off Credit Cards Before Applying for College Loans and Other Aid?

Why is it better for parents to pay off credit cards (if one can) before obtaining loans for a child for college? — Diane H. Most forms of consumer debt, such ...

By The Fastweb Team
Published August 29, 2017
Who Completes the FAFSA When a Student Lives with his Grandparents?

Who Completes the FAFSA When a Student Lives with his Grandparents?

Grandparents and other relatives may not substitute their information for the parent's information on the FAFSA.

By The Fastweb Team
Published September 26, 2017
How is retirement income and past due child support reported on the FAFSA?

How is retirement income and past due child support reported on the FAFSA?

I am trying to fill out my FAFSA. My father retired last year and I am confused as to what to put for his financial answers, for example, gross income, taxes, ...

By The Fastweb Team
Published August 18, 2017
Is There Any Way to Shelter Retirement Plan Distributions on the FAFSA?

Is There Any Way to Shelter Retirement Plan Distributions on the FAFSA?

Retiremend plans and distributions on the FAFSA.

By The Fastweb Team
Published September 6, 2017
Is the Non-Custodial Parent a Parent for Federal Student Aid Purposes?

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 ...

By The Fastweb Team
Published August 22, 2017
Answers to Introductory Questions about Financial Aid for College

Answers to Introductory Questions about Financial Aid for College

Get the answers to the financial aid basics.

By The Fastweb Team
Published August 28, 2017
Reporting Prepaid Tuition Plans and 529 Plans on the FAFSA for Independent Students

Reporting Prepaid Tuition Plans and 529 Plans on the FAFSA for Independent Students

I'm confused as to how to treat a prepaid tuition plan when applying for financial aid. I'm an independent student but I have a small prepaid tuition account which is held ...

By The Fastweb Team
Published August 24, 2017
How to Report Stocks on the FAFSA

How to Report Stocks on the FAFSA

I am a single mom and my son will be entering his freshman year in college this fall. The FAFSA application asks for the gross income from last year's tax return. ...

By The Fastweb Team
Published August 22, 2017
How to Include Yourself on Your Teen's FAFSA if You're Enrolled Too

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 ...

Mark Kantrowitz
Published February 1, 2010
Reminder: 2016-2017 Federal FAFSA Deadline is Approaching

Reminder: 2016-2017 Federal FAFSA Deadline is Approaching

ALERT: The federal deadline to submit your FAFSA for the 2016-2017 academic year is June 30, 2017.

Elizabeth Hoyt
Published May 17, 2017
College Board Simplifies CSS/Financial Aid PROFILE Form

College Board Simplifies CSS/Financial Aid PROFILE Form

Heads up: This article is out of date! Find current financial aid information here. While the US Department of Education is working on simplifying the Free Application for Federal Student Aid ...

Mark Kantrowitz
Published March 10, 2010
Are UGMA and UTMA Accounts Reported as Investments on the FAFSA?

Are UGMA and UTMA Accounts Reported as Investments on the FAFSA?

Expert answers to tough FAFSA questions.

By The Fastweb Team
Published September 6, 2017
Why Do Some Merit-Based Scholarships Require the FAFSA?

Why Do Some Merit-Based Scholarships Require the FAFSA?

Most colleges require students to apply for need-based aid for merit-based aid. Why?

By The Fastweb Team
Published August 24, 2017
Does Cash from the Sale of the Family Home Count as an Asset on the FAFSA?

Does Cash from the Sale of the Family Home Count as an Asset on the FAFSA?

Cash on hand must be reported as an asset on the FAFSA.

By The Fastweb Team
Published September 28, 2017
Which Parents are Responsible for Completing the Financial Aid Application Forms?

Which Parents are Responsible for Completing the Financial Aid Application Forms?

Questions about divorce and separation on the FAFSA answered.

By The Fastweb Team
Published September 6, 2017
Can a Parent Count a Child in Household Size and Also Report Amounts Paid in Child Support on the FAFSA?

Can a Parent Count a Child in Household Size and Also Report Amounts Paid in Child Support on the FAFSA?

I am the custodial parent for my son and college-bound daughter. It seems like the form assumes that only non-custodial parents pay child support! However, I still pay their mother child ...

By The Fastweb Team
Published August 30, 2017
Ask for a Professional Judgment Review for Job Loss or Other Changes in Income

Ask for a Professional Judgment Review for Job Loss or Other Changes in Income

I lost my teaching job last June and got a half year's salary instead of a full year. I did not get a job in the fall, so our household income ...

Mark Kantrowitz
Published January 17, 2011
Questions about the Free Application for Federal Student Aid (FAFSA)

Questions about the Free Application for Federal Student Aid (FAFSA)

Expert advice on how to handle tough FAFSA questions.

By The Fastweb Team
Published August 18, 2017