06.28.07 | What is an independent student?
What is an independent student?
The independent student definition created by Congress is VERY strict. It is strict because this status is used by school financial aid administrators in determining student’s eligibility for federal and state aid. Unless you are a returning college student it is unlikely that you are an independent student. If you should qualify for independent student status it means your parents income and assets are not included on the either the paper FAFSA or the FAFSA online.
An independent Student is a student who is considered independent for Federal financial aid purposes is at least one of the following:
-Over 24 years of age
-Married
-Have a dependent child who receives at least 50% of support from student
-Have a dependent person who receives at least 50% of support from student
-A veteran of the armed forces
-An orphan or ward of the court
If you answered yes to any one of the above questions you’re an independent student and you should consider how to maximize your financial aid package for as an adult student.
Otherwise, you must use your parent’s information on the FAFSA and any other financial aid form.
The Student Loan Network: Stafford Federal Student Loans, Parent PLUS Loans, Student Loan Consolidation, Private Student Loans, Education Loans/College Loans
I’m over 24, I’m married, I support my spouse, and I’m a veteran of the USMC, yet FAFSA says I’m responsible for $4,028.00 of my 2007-2008 full time student tuition, which is roughly $12,000.00. Does this mean my Stafford loan will cover the remaining $8,000.00? I’m now 39 years old and much of this information is very confusing. Please advise…….
Sincerely,
Sean Malloy
August 13th, 2007 | #
I’m over 24, I’m married, I support my spouse, and I’m a veteran of the USMC, yet FAFSA says I’m responsible for $4,028.00 of my 2007-2008 full time student tuition, which is roughly $12,000.00. Does this mean my Stafford loan will cover the remaining $8,000.00? I’m now 39 years old and much of this information is very confusing. Please advise…….
Sincerely,
Sean Malloy
August 13th, 2007 | #
i qualify for indendent student statics
August 27th, 2007 | #
I want visa and transportation which help to arrive at school Montreal (Canada)University and Scholarship.
August 29th, 2007 | #