ukcoalition.org
*Home>>>AIDS Information

Why must I include my parent's information when applying for Financial Aid?


If my parent's have decided not to pay for my education, why must I include their information when applying for financial aid?

As long as your under 24, not married or do not have a child, you are a dependent. Meaning your parents income counts. Even if you dont live with them and they dont claim you on taxes. Also if your parents make tons of money, its not fair for you to get Aid when your family does not need it.

A lot of people find themselves in your situation, and the short answer is that the government considers you a dependent even if you don't live with your parents until you turn 24. I guess they do that to make it fair for people whose parents are really poor and don't have the option of deciding whether or not to pay, but it does put you in a rough spot. More information on federal financial aid here:
http://www.tuitionbids.com/student-loan-...

The thing is though, federal aid, even if you do qualify, is so inadequate these days because funding has not increased at the same pace as cost-of-living and rising tuition costs. You may have to resort to a private loan in the end. Will your parents agree to cosign a private loan? The company I represent, http://www.tuitionbids.com, lets you apply with up to 6 different lenders using one application. The idea is that if lots of banks compete for your business, you end up with a lower rate. Just something to keep in mind further down the road.

Good luck!

Simply said, because it is federal law.
By providing their income, they are not obligating them in any way to pay.

Untill you are married, 24 years old, have kids you support, are a veteran, are an orphan, have a bachelor's degree or were a ward of hte court until the age of 18 then you have to list their info. So plan on doing it for the next 4 years.

Tags
  AIDS Information   HIV AIDS   AIDS Drug   AIDS Research   AIDS Transmission   AIDS Cure   AIDS Treatment
Related information
  • Alli, the weight loss aid... has anyone tried it? What were your results? Did it work?

    I did. It's expensive. It works fine, but the side effects.. are unpleasant. See first comment. You seriously have to have a pad with you at ALL TIMES. It causes this absolutely disgust...

  • My finace woudl liek to attend college, but doesnt meet the requirements for financial aid?

    Does she have a job?

    ...
  • Should I send my W2 to my college's financial aid office if my parents did not include it in their taxes?

    Ask the financial aid office what it needs.

    ...
  • Financial Aid question for kids of divorced parents?

    Here's a little known secret. FAFSA and the school only know what you tell them. If your step-son files the FAFSA using his mother as the parent of record, no one will know that this is not t...

  • Sources of information for firstaiders?

    To be honest, it seems that most of the juicy information is in books and not online. If you want and are interested, you could go buy and EMT-B or CFR textbook and flip through it, they have lots ...

  • How do I go by starting to play the violin?

    The GEWA's are pretty good student violins. See: ...

  • Which study aid can help me get 5out of 5 on the AP exams ?

    I highly recommend Barron...it covers so much more than necessary that it makes the tests seem easy. For example, I used Kaplan's for bio, Princeton's for stats, and Barron's for ch...

  • What does the "Expected Financial Contribution" or "EFC" mean on my FAFSA?

    efc is basically what they gov has computed that your family (you, or you and ur parents) will or should contribute to your education. The efc is subtracted from what they estimate your total tuit...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster