This year it is far easier for students to qualify for additional funds than ever before. Here's a breakdown of what criteria you need to meet in order to qualify. You only need to satisfy ONE of the following in order to be considered independent:
You are an independent student if:
FAFSA answers this question here: http://www.fafsa.ed.gov/help/fftoc03k.htm
To summarize!
- you're 24 years old by the end of the school (aka award) year
- you have legal dependents
- you are an orphan or ward of the court
- you are a veteran of the US armed forces
- you are a graduate or professional student
New qualifying criteria which you might not know about :
- you are an emancipated minor
- you have been or are in danger of homelessness as determined by your high school or shelter
- you were in legal guardianship of someone
What if my parents refuse to give me their tax info or aren't going to help me?
The FAFSA now allows you to opt out of entering your parent's information. This will default the application to filing for unsubsidized loans only, instead of sub and unsub. Everything else is still determined the same.
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