why answer questions about parents on fafsa?
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If you're considered a dependent, you'll need your parents' financial information to access most financial aid. If your parents decline to help, you can still file the FAFSA and could get unsubsidized student loans. On the FAFSA, answer "no" when you're asked if you can provide information about your parents.
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If you hold a joint account with a parent, you must report 50 percent of the account's value as your own, and your parent must report the remaining 50 percent as his asset when you complete your FAFSA, according to the Information for Financial Aid Professionals website.
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If you submitted a FAFSA last year, and you are eligible to complete a Renewal FAFSA, you may choose to have most of the questions pre-filled with the information you provided. ... However, the Renewal FAFSA is available solely for your convenience. If you prefer to start fresh with a new FAFSA, you are free to do so.
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Not only is it not too late to go back to school at 45, but there is also support for non-traditional or post-traditional students at many community colleges and universities. ... Some of my fellow students ask me for tips to help their parents return to school. And yes, there is FAFSA for older students too.
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You can complete the application at fafsa.gov. In almost all cases, graduate or professional students are considered independent students for the purposes of completing the FAFSA form. This means they generally are not required to provide parent information. This is the largest federal student loan program.
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The IRS Data Retrieval Tool allows applicants who have already filed their federal income tax returns to prefill the answers to some questions on the Free Application for Federal Student Aid (FAFSA) by transferring data from their federal income tax returns.
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Your 2016 tax records* On the 2018–19 FAFSA form, you (and your parents, as appropriate) will report your 2016 income information, rather than your 2017 income information. ... Not everyone is eligible to use the IRS DRT and the IRS DRT does not input all the financial information required on the FAFSA form.
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Graduate and professional students are considered independent students for FAFSA® purposes, so when you fill out your FAFSA form to apply for grad school aid, you won't need to provide parent information. ... Apply to the graduate schools you have chosen.
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The stepparent's income and assets must be reported on the FAFSA, regardless of any prenuptial agreements. The stepparent's other children must be counted on the FAFSA if the stepparent provides more than half of their support, even if they do not live with the stepparent.
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['What do you (the parents) do for a living?', 'Where do you work and what are your work hours?', 'What kinds of activities does your family do together?', 'Would you say you are an active family?', 'How do you spend your weekends or free time?', 'Do you like sports, film, computers?']
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Since the FSA ID is unique to each individual accessing the site, students and parents must have their own IDs. It's linked to your individual email, phone number and Social Security number, so you can't share an FSA ID with a family member.
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While the Free Application for Federal Student Aid (FAFSA®) form is the student's application, we know that parents often play a large role in the process. After all, students who are considered dependent have to provide parental information on the FAFSA form anyway and must have a parent sign it.
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If they ARE divorced, things start to get a little tricky, as only one parent is considered a parent for FAFSA purposes in this situation. If your parents live together, even if they are separated, were never married, or are divorced, you file the FAFSA with income information from both of them.
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Parent Loans. ... The federal Parent Loan for Undergraduate Students (PLUS), available through the Direct Loan Program, lets parents borrow money to cover any costs not already covered by the student's financial aid package, up to the full cost of attendance.
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How do I know if I qualify for Work-Study? Check if a Work-Study option is listed on your FAFSA (Free Application for Federal Student Aid) award. Visit the FAFSA website and click on "My Aid Award" to view the maximum amount of money you may earn for the academic year.
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The FAFSA is the application to get a Pell Grant. The Pell Grant is an actual form of student aid. You can use your FAFSA to access other forms of financial aid, including subsidized and unsubsidized student loans.
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Firstly, parents compete for high-quality educational opportunities for their children and better educational opportunities lead to better academic performance. Secondly, parenting behavior and educational support for their children could cultivate children's learning habits and affect academic performance.