Your classification as either a dependent or independent student according to the specified requirements of the State or Federal financial aid programs you are applying for. These classifications are based on the idea that students who may have access to parental support should not receive financial aid at the expense of students who don't.
A student's dependency status is determined by guidelines established by the federal government and indicates to what degree the student has access to the parent's Financial resources. Dependent Student Status – For an individual to be considered your dependent, they must live with you, and you must provide them with more than half their financial support. Spouses do not count as dependents in the Federal Methodology.
When you apply for federal student aid, your answers to questions on the FAFSA will determine whether you are considered dependent or independent. All dependent students must report parental income and assets as well as their own.
If you are considered a dependent student, parent financial resources are considered when figuring financial aid.
Based on U.S. Department of Education criteria, a student is deemed either dependent or independent.
A student's dependency status determines whether or not the student reports parental information on the FAFSA. An independent student is one who meets at least one of the following conditions: is 24 years of age, is married, is a graduate or professional student, supports legal dependents other than a spouse, is a veteran, or is an orphan or ward of the court. All other students are considered dependent and must provide parental information on the FAFSA.
Whether or not the student is financially Dependent on his or her parents based on federal guidelines. All students are considered Dependents unless they are 24 years of age as of January 1, married, graduate or professional students, responsible for a legal Dependent other than a spouse, Veterans of the U.S. Armed Forces, or orphans or wards of the court (currently or formerly).
if you are considered a dependent student, the income and assets of both you and your parents will be considered when awarding financial aid.
Determines to what degree a student has access to parent financial resources.
If you are considered dependent on your parents, you must report their income and assets as well as your own. If you are independent, you must report only your income and asset information (and those of your spouse if you are married).
A student's dependency status determines to what degree the student is expected to have access to parental financial resources. An independent student is one who is 24 years old as of January 1 (e.g., born before January 1, 1976 for academic year 1999-2000), is married, is a graduate or professional student, has legal dependents other than a spouse, is a veteran, or is an orphan or ward of the court. All other students are considered dependent and, as such, must provide parental information on the Free Application for Federal Student Aid.
A student may be dependent or independent, based on the student's age, marital status, etc. A student's dependency status can affect the aid available to him/her. For example, independent students are eligible for increased loan amounts.
In order to certify eligibility for financial aid,students are determined to be either dependent on their parents for financial support, or independent of parental support (self-supporting). Status as a dependent or independent student is determined by federally established guidelines, including age, if the student is an undergraduate or graduate student, married, has legal dependents, is an orphan or ward of the court, or a veteran. Dependent students' parents must also complete information on the FASFA.
A student's dependency status determines to what degree the student is expected to have access to parental financial resources. See the definitions of dependent and independent student to determine your status.
For purposes of determining eligibility and need, students are determined to be either dependent or independent of parental financial support. Independent students are sometimes also called "self-supporting." For federal student aid programs, dependency status is determined according to federally established guidelines. For purposes of awarding their own funds, some colleges and universities may have stricter definitions of independence.
A student's dependency status determines the degree to which the student has access to parent financial resources. An independent student is at least 24 years old as of January 1, is married, is a graduate or professional student, has a legal dependent other than a spouse, is a U.S. Armed Forces veteran or is/was an orphan or ward of the court.