Fafsa independent loophole reddit. If you were born before Jan.

Fafsa independent loophole reddit. For instance, undergraduates born before Jan. I couldn't get my fafsa in last semester I am on the verge of calling the financial aid office and FAFSA to see if they will give the money to someone else who needs it more. A month before I left for training ( September 2021) I moved in with my boyfriend. Step 3: If you don't hear back from the financial aid office within about a week, pick up the phone and call them about it. Make sure you received an email saying you've done your part. For context, I (21f) live in Florida and currently work full time five days a week–I graduated during covid and finally decided to see if I could potentially get financial aid to go back to school and get my associate degree. However, I'm not sure if I qualify. to back your situation. Should I claim dependent or independent on FAFSA . After I was able to submit my own FAFSA with the loophole, I knew I had to share with others. This is a massive shit show. ) The financial aid situation is just wonky. In conclusion, the Acknowledgment Form Independent for FAFSA is a critical document in the financial aid process for college students. But if you were eligible for more If your FAFSA Submission Summary says you are independent because of age, then it doesn’t matter what the school says. Did you answer “No” It is likely that my family makes too much to qualify for financial aid at any selective schools. I already have $50,000 in parental plus loans and am trying to get through the double consolidation loophole. The process for filing as an independent can be tricky for students under 24. g. Even amid the botched rollout of the new financial aid form, a rule change will let some grandparents help pay for college without compromising aid eligibility. All 529s held by dependent students and parents are treated as normal parent assets by FAFSA. Financial Aid people have something called "Professional Judgement" where they can turn your Dependent status to Independent. armed forces Financial aid officers can use professional judgement to override the dependency status on some occasions. Families who will have kids applying for financial aid in the first year of the new FAFSA will do so using IRS information from this year, so anyone with a high school sophomore this year needs to be planning right now. As a result, my daughter had to turn down her 1st choice because it required full tuition/room & board. It also outlines the steps for filing the Free Application for Federal Student Aid (FAFSA) as an I'm (22f) trying desperately to finish my education and return to college for this upcoming semester. Know which accounts and Your answers to questions on the FAFSA ® form determine whether you are considered a dependent or independent student. There’s a good book on it called “The Medical Loophole”. If you were born before Jan. They don’t have the authority to change you from independent to dependent for this reason. Also the age being abt 24 to be “independent” is a bit high (if I remember the age correctly). Key Takeaways: Students age 24 or This article explains how this status works, its challenges, and its advantages. They will want 3rd party documentation, like a pastor, counselor, etc. This is a place for Financial Aid Admins/techs/other administrative employees to provide valuable information to students and parents, to better assist them with making their Financial Aid choices. 1, 2002; married (and not separated) a graduate or professional student; a veteran; a member of the U. Undergraduate students under age 24 as of December 31 of the award year are considered independent for To be considered independent on the FAFSA without meeting the age requirement, an associate or bachelor's degree student must be at least one of the following: Yes. If you’re an independent student, you’ll report your own information (and, if you’re married, your spouse’s). And with the new simplified Free Application for Federal Student Aid (FAFSA), 529s owned by grandparents will no longer have an impact on financial aid eligibility for the beneficiary. This means that they are subject to a progressive assessment that caps out at 5. OP needs to ask the school for a professional judgment. Reddit's hub for advice These individuals are usually considered independent for financial aid purposes and can use this form to provide the necessary documentation. I'm currently applying for financial aid and I just wanted to make sure the information I have is correct. You can’t be considered independent of your parents just because they Financial aid officers can use professional judgement to override the dependency status on some occasions. I am trying to fill out my FAFSA and it keeps saying I need his financial information. Section B, Page 1 of the New For the 2025–26 Free Application for Federal Student Aid (FAFSA ®) form, an independent student is one of the following:. 3. Be sure to check your eligibility for medical based financial aid if you have any medical conditions. Step 2: If you see a notification that says your school needs more information, use the template below and send an email the financial aid office. your signature is still there on FAFSA. etc. Yes, really. Once you turn 24, you can be called independent on the next FAFSA you do. I am wondering if this means my schools would give me full tuition. Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. It’s up to the financial aid of your college to approve or deny your dependency override. What's true today will almost certainly not apply 18 years from now when your child is thinking about college. The financial aid administrator will help you figure out what to do next. I applied I765 (pro Opt From FAFSA point of view, you are an Independent, a non-filer back in 2022, so you'll get SAI of (negative) -1500, meaning max pell grant, FSEOG, work-study, fed loans etc. fafsa independent loophole reddit. The home of college football on reddit. Submit the form. Trying to apply for financial aid as a independent adult, apparently all the possible reasons for not applying with parents info don't count thus forcing me to include my parents info if I want help Reddit's hub for advice, articles, and general discussion about getting and repaying student loans. The reasons why are: I haven’t made over $10k each year from 2007-2011 and I am confused as to how to answer some of the questions on the financial aid application and whether I’m even qualified for federal aid considering my current situation. and International, Federal, State, or local. I was denied at first but then petitioned through the school's financial aid office for an Pursue college-controlled merit scholarships. Unless you can answer yes to one of the other qualifying questions and If fafsa qualifies you as an independent student you do not need to report their income Contributors may provide general information and advice to students seeking help with applying for financial aid, but all students must understand that the best resource they can seek is the financial aid office at the school they are attending This is a place for Financial Aid Admins/techs/other administrative employees to provide valuable information to students and parents, to better assist them with making their Financial Aid choices. As an independent student, the FAFSA application process is similar to that of dependent students, but with a crucial difference – you don’t need to provide your parents’ financial information. Believe it or not, there are strategies for maximizing your eligibility for need-based student financial aid. born before Jan. Once again, thank you for the kind words. After that, contact the school you plan to attend (the financial aid office). The Department said on Tuesday that they will resolve FAFSA submission issues for students who have a contributor without an SSN in the first half of March. Ever since I was 18, I claimed myself as independent, but lived with my father. The financial aid situation is just wonky. She made the smart decision and chose a For the FAFSA I’m independent; however, I was denied independent status from the school. There are ways to petition for independent status even if you do not meet certain criteria for it. The FAFSA will only use your income information. but an independent student is eligible for $9500-$12500 again, depending on completed credits. Your post made MY When a student is determined to be a dependent student (look at the FAFSA, step three - there are 18 dependency questions, if your answer to at least one of them is yes, you are considered independent - otherwise, you are dependent of your parents in the eyes of the govm't) - you must include parent income information in your FAFSA. . If so, then for federal student aid purposes, you’re considered to be an independent student and will not be required to provide information about your parents on the FAFSA form. Personal Circumstance Questions To Determine You must contact the financial aid administrator at the college you plan to attend if you believe you have a special circumstance that should be considered in determining your eligibility for If so, then for federal student aid purposes, you’re considered to be an independent student and don’t have to provide information about your parents on the FAFSA form. you have already received an email thanking you for your consent to use your IRS data, and 2. However, there are other circumstances Because of this, I would like to fill out the FAFSA as an independent so I can apply for loans and pay them off myself if I get them. Would an 8-team playoff at the beginning of the BCS era (1998) have stopped or changed the 2004, 2010, and Former financial aid officer here. “This distinction is crucial because graduate and professional students are almost always granted independent status on the FAFSA. provided for myself. S. You MUST be either 24, married, have legal dependents (kids), or in the military to be an independent automatically with FAFSA. Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to The thing is that 1) I probably could get my parents' info if I really sat down w/ them and told them it was necessary, and 2) I stayed on my dad's health insurance (I thought I might just take my job's insurance as I had opted out until this point, but I just pay my own bills/copays and haven't been forced off so am taking advantage of this. Filling out a fafsa won’t tell you. I paid rent, bought my own groceries, etc. 1 FAFSA® Simplification Fact Sheet Students With Unusual Circumstances FAFSA® Simplification Act On Dec. Currently the lifetime limit for independent undergraduate students is $57,500 (sub and unsub combined), while that jumps up to $138,500 for Am I Dependent or Independent When I . Ones your uni gives you, well, no FAFSA, no financial aid package until you have it, and those would also be depleted by now. Investing in 529 plans—like The Vanguard 529—can be a meaningful way to help a relative save for college. When you complete your fafsa, you're eligible (as an independent student) for the minimum of $9,500 your first year, $10,500 your second year These circumstances include: • An abusive family environment (e. My hope is that this reaches the people who need it the most. Am I just being stupid? Please help. There’s a 😢 more suggestions I've seen on Reddit include trying the same thing in an incognito browser and making sure your last name isn't more than 12 characters This is a place for Financial Aid Admins/techs/other administrative employees to provide valuable information to students and parents, to better assist them with making their Financial Addendum: those are the rules this year, and that's just for FAFSA and some schools use a secondary financial aid profile called the CSS Profile. Reddit is not a substitute for a real lawyer. While I completely agree that it should be need based - the way it’s calculated is a bit wonky. 1 (Whereas undergraduates pursuing a bachelor’s degree are New FAFSA created the "grandparent loophole" allowing nonparents to use 529s to help pay for school without hurting a student's financial aid chances. claiming dependents on fafsa The changes made to the FAFSA will take effect in 2023-2024 school year and will be based on tax information from 2021. Tell them your story. This allows the student to be awarded independent-level financial aid amounts, which are higher than dependent status students. There is an actual FAFSA override type program, but it’s for people under 24 who are not in contact with their parents - youth living in shelters, parents in prison, abusive home situation, TL;DR: FAFSA requirements for being an independent student are hard to meet. I have a low income, an independent student in California. These strategies are based on loopholes in It’s called the FAFSA Independent Loophole, and in this article, we’ll explore how you can qualify as an independent student for FAFSA. There’s a scholarship program for those going into the STEM field. There are different ones that your state can give you, those would be out by now. 1, 2001 who complete the 2024-2025 FAFSA are considered independent for federal financial aid purposes. Every little bit you save can help take your loved ones further along their educational journey. Reddit's hub for advice Get the Reddit app Scan this QR code to download the app now Both kids wrote their financial aid offices and asked for help because of a sibling being in college and my ABSOLUTE refusal to take out any more Parental Plus loans. a financial aid administrator; Answered “Yes” to One or More of the Questions Above. At that time, students will be able to submit a fully completed FAFSA that includes contributor The changes made to the FAFSA will take effect in 2023-2024 school year and will be based on tax information from 2021. Even if they don’t financially support you now unless you were independent when you graduated from high school for other reasons, have a child, get married, or join the military with active status. Hazelwood has no role in or effect on FAFSA's SAI determination. Fill Out the FAFSA situation with the financial aid office at the college or career school you plan to attend. As Qualifying as an independent student on the FAFSA is not easy. Help on the way for those who can’t complete the FAFSA forms because of SSN issues. 1, 2001, then you are independent for the 2024-2025 school year, regardless of your FAFSA submission date. If you support yourself financially, you probably feel that your financial aid should not be based on your parents’ income. Needing to take out student For financial aid purposes being an independent means parent information is not included on the FAFSA. Find out who needs to provide parent information on the FAFSA form, You can maximize your eligibility for financial aid on the FAFSA by postponing income, spending down savings and minimizing student assets. There’s a scholarship program for nursing students who plan to work in the state post-grad. Only federal loans no parent plus loan since u will b independent 12,500 max per academic year (fall spring summer Former financial aid officer here. Each has different rules, and the rules are constantly in flux. Members Online. A way around this is getting 'independent' classification on FAFSA, but this is very difficult to In the 2023-2024 form I was able to do it with information about my parents who live in Mexico since my counselors mentioned that we could do it that way, however, as I understand the new 2024-2025 form requires information from parent’s IRS, clearly since my parents don't have IRS, I don't know if that means I have to declare myself as an independent student (it really is, I'm 2. and International, Federal, State, or I played around with the FAFSA form for days trying to figure something out since I hadn't heard updates from FAFSA themselves. Read on to find out what qualifies you as an independent student in the eyes of the It does not matter to FAFSA who claims what on taxes, FAFSA has their own rules to what makes someone an independent and living on your own/not getting parent help does not qualify that. For example - in divorced and remarried- they only count the custodial parent (and step), vs both biological. The loophole you are in, on the review page, if you scroll all the way to the bottom of the page, do you have a blue button that says continue? FAFSA - Free Application for Federal Student Aid Additionally, any advice found here IS NOT legal advice. You probably cannot change the household size on your FAFSA because you reported earlier that you are not married, you do not have any children or (dependents other than children) that you I can help you with 3 and 4. Apply for FREE and find more info: fafsa. But FAFSA needs to admit that they are a major fuck up this year and let these students (all students) attend school on the federal government’s dime for the 24/25 school year. 27, 2020, Congress passed the Consolidated Appropriations Act, which included provisions that amended the Fostering Undergraduate Talent by Unlocking Resources for Education (FUTURE) Act and included the FAFSA Simplification Act—a sweeping redesign There’s a grant program for those going into high demand technical fields at a community college. Provide all the documentation they request, be honest in the interview process, and work with them every step of the way. hi! i am an incoming freshman to the class of 2028 and i was an independent on my fafsa and my SAI was -1500. OP needs to explain these extenuating circumstances to the FA administrator and then probably fill out some kind of form. I applied to numerous The FAFSA absolutely screws the middle class. In a situation where it is unsafe for the student to have contact with their family is one of those situations. Hi, guys, I'm 24 so I'm classified as an independent student, I make 3k per month since I work and study full time, in the 2024-2025 FAFSA my expected contribution was over 7k which is ridiculous, and basically that 7k was the money that I need to pay my tuition so I can't pay for it now (FAFSA money was the only way to pay tuition for me) you guys know if there is any possibility to re Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. 64% per year and have the same impact as cash, taxable brokerage, rental properties, and any of the other normal parent asset types. Filing the FAFSA as an independent student can greatly change your financial aid package. Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to Filing the FAFSA as an Independent Student. I asked my financial aid specialist at my college (Orange Coast College), and she said I would need to have a high school diploma to qualify for FAFSA at university, EVEN THOUGH I had A ASSOCIATE'S DEGREE at that time. There’s a teaching scholarship who agrees to teach for five years in the state post-grad. Instead, you’ll need to gather the necessary documents to support your independent status and demonstrate your financial /r/StudentLoans: Reddit's hub for advice, articles, and general discussion about getting and repaying student loans. . I am 22 years old, I live on my own but with no fixed income (my parents are willing to pay for my rent until I am able to afford it consistently myself). I was abandoned by my mother, but lacked court documents to prove it. If all you care about is the Pell Grant for your FAFSA, sure, waiting a long time wouldn't be as bad. Contributors may provide general information and advice to students seeking help with applying for financial aid, but all students must understand that the best resource they can seek is the financial aid office at the school they are attending. , court protection from abuse orders against the parents) • Abandonment by the parents • Incarceration, hospitalization, or institutionalization of both parents If you do not qualify as an independent on the FAFSA but you do think you would be eligible for a dependency Step 1: Fill out the FAFSA honestly. Super helpful. ) Is there any way to actually speak with a FAFSA person and explain my situation? Any loopholes or exceptions I can look into? For your situation, there are none that I know of. I can afford college, not the university. ) What are my options for getting addition financial aid for the next 2-ish years? Scholarships, working, private student loans. bglrxy gcafo tksjk cxzu hewrw ufisz odakfl zazg qgf zyxyx

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