Fafsa independent loophole reddit. r/financialaid A chip A close button.

Fafsa independent loophole reddit In the 2023-2024 form I was able to do it with information about my parents who live in Mexico since my counselors mentioned that we could do it that way, however, as I understand the new 2024-2025 form requires information from parent’s IRS, clearly since my parents don't have IRS, I don't know if that means I have to declare myself as an independent student (it really is, I'm I can help you with 3 and 4. The reason you were able to skip your asset questions is that the FAFSA formula could tell that even if you did input your assets, it would not change your EFC, and thus, there is no point in making you do so. I called a few schools this afternoon to ask if they require parental information for independent students, but no one answered. I was abandoned by my mother, but lacked court documents to prove it. Get app Get the Reddit app Log In Log in to Reddit. Top When you complete your fafsa, you're eligible (as an independent student) for the minimum of $9,500 your first year, $10,500 your second year, and $12,500 for your 3rd and 4th years in federal student loans. A good way to document that you are self supporting is to get letters of support from people in your life who are aware of your situation. for being classified as a dependent/independent student according to FAFSA regulations? I have been in school for a couple years. I'm a little confused as to how the loans may be applied "if I do get them". Valheim; Genshin Impact; I'm a independent student with a -1500 sai how much aid am i going to get . I couldn't get my fafsa in last semester Get an ad-free experience with special benefits, and directly support Reddit. This is why the 2024-25 FAFSA asks if you were born before January 1, 2001. Unless you can answer yes to one of the other qualifying questions and provide documentation. The FAFSA didn't allow that as an option. Doesn’t matter if they didn’t file taxes yet, they can still complete the FAFSA and there are methods for them to create accounts now and contribute to the form without being verified for now. For my taxes, I filed as a dependent under my boyfriend, who is the sole provider (we have a son too). 1 (Whereas undergraduates pursuing a bachelor’s degree are mostly classified as a dependent). I have a low income, an independent student in California. But one potential loophole is if you're transferring from one business unit/segment to another - say, in FMCG, you're transferring from Company A handling Household products, going to Company B handling Food products (though Company B also has Household products), the argument in case they chase you is technically you won't be handling a directly competing . They should only be going by your EFC from the FAFSA. Gaming. It's like as though the form does make the correct the determination of dependency as Independent Student for the students that would be turning 24 before end of the year, but then for whatever reason it expects inputs that are otherwise entered by a Dependent Student. Those won’t be reasons enough to become independent. I paid rent, bought my own groceries, etc. There’s likely a form for exceptions bc there’s one for everything, so you could look into that. so my FAFSA says I'm independent (along with my CSAC). There is an actual FAFSA override type program, but it’s for people under 24 who are not in contact with their parents - youth living in shelters, parents in prison, abusive home situation, It is likely that my family makes too much to qualify for financial aid at any selective schools. This is a place for Financial Aid Admins/techs/other administrative employees to provide Mom earns good money, dad earns ok money They still help me with rent etc. Someone let me know if I'm wrong. I Skip to main content. To raise thw amount a pell grant gives requires congress, and since congress hasnt increased the /r/StudentLoans: Reddit's hub for advice, articles, and general discussion about getting and repaying student loans. The math doesn’t make sense if you’re going to a community college — there’s no way this would be $19,500 in tuition for the year. my parents make a good amount of money but they are not For context, I (21f) live in Florida and currently work full time five days a week–I graduated during covid and finally decided to see if I could potentially get financial aid to go back to school and get my associate degree. Unless there's some unusual loophole I've never heard of, this r/FAFSA: FAFSA - Free Application for Federal Student Aid . You can be an independent student for FAFSA and still be claimed as a dependent on your parent's taxes. Even if they don’t financially support you now unless you were independent when you graduated from high school for other reasons, have a child, get married, or join the military with active status. However, I'm not sure if I qualify. This article explains how this status works, its challenges, and its advantages. You can be made a provisional independent student if you marked yes to any of the dependent questions, but thats where you will need to speak with your school about your special circumstance and they will make the determination if you will be a dependent or not. My hope is that this reaches the people who need it the most. ) and I’ve always been told that I have to do dependent on the fafsa. FAFSA needs to admit that they are a major fuck up this year and let these students (all students) attend school on the federal government’s dime for the 24/25 school year. You’d be looking for the dependency override from FAFSA and there are pretty specific things they’re looking for to approve this (outside of the other options of being 24 or older, married, or having a kid). and International, Federal, State, or local. Feel free to let me know if you have any other questions! As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Community colleges accept apps year round and FAFSA paperwork can be done very late. I already have $50,000 in parental plus loans and am trying to get through the double consolidation loophole. I’m curious because I keep finding information online where graduate students are granted independent struts while applying for the FAFSA “This distinction is crucial because graduate and professional students are almost always granted independent status on the FAFSA. I pretty much don’t know. After I was able to submit my own FAFSA with the loophole, I knew I had to share with others. This is a massive shit show. In order to be considered financially independent, some parents have turned over legal guardianship of their child to a family friend or relative before the child turns 18. etc. Go to FAFSA r/FAFSA • by throwaway21212294. Household size does not necessarily mean people who live under the same roof as you if you do not provide more than 50% of their financial support They’re rare, something like 1-2% are approved, but it’s just what it sounds like, your school overrides FAFSA and considers you an independent student. Sponsorship for dependent child (outland) Dependant student being called independent by the FAFSA page. I asked my financial aid specialist at my college (Orange Coast College), and she said I would need to have a high school diploma to qualify for FAFSA at university, EVEN THOUGH I had A ASSOCIATE'S DEGREE at that time. Then you won’t need anyone’s taxes. Intentionally lying on the FAFSA is a felony. I’m doing the fafsa for 2021-2022 and one of the questions is “will you be claimed as a dependent on 2021 tax returns”. Conext: I'm a senior in undergrad applying for FAFSA because I'm planning on attending grad school (still hearing back). When I was 21, needed financial aid to complete school. so I am technically to some level dependent on them According to Fafsa bc I'll be 24 by December I do not have to provide their info I am putting my legal address as their address too which is a different state than my school and where I live since my state doesn't recognize me as a legal resident until I've FAFSA - Free Application for Federal Student Aid Seems low considering some schools cost that in two years, but okay I don't think they'll let me apply as an independent for the 2024-2025 year since my 24th birthday is January 7th, 2025, and I wasn't born before January 1st, 2001. Yeah, sadly you’re still a dependent. FAFSA - Free Application for Federal For the FAFSA I’m independent; however, I was denied independent status from the school. After answering that it loops me back to the independent student screen then starts in the demographics again! Just a continuous loop. I am 41, so I qualify as independent because I am over 24. From local news and events to breathtaking scenery and outdoor activities, this community is a hub for British Columbians and anyone interested in the region. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. If your FAFSA Submission Summary says you are independent because of age, then it doesn’t matter what the school says. i was looking on fafsa and it says i still am dependent on my parents till 24. I am 22 years old, I live on my own but with no fixed income (my parents are willing to pay for my rent until I am able to afford it consistently myself). The IRS is experiencing significant and extended delays in processing - everything. Fafsa Independent Loophole. Before I bother the financial aid offices, are there any consequences to adding parent info in regardless? r/BritishColumbia is dedicated to all things related to the Canadian province of British Columbia, situated on the stunning West Coast. Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. Families who will have kids applying for financial aid in the first year of the new FAFSA will do so using IRS information from this year, so anyone with a high school sophomore this year needs to be planning right now. getting married before submitting the FAFSA; delaying college until age 24; Either of these will qualify the student as independent for the awarding of federal funds. Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. does that still apply if i file my taxes independently and work to pay for my own needs. I’ve been in school for years and have always had trouble getting enough financial aid because my estimated family contribution is so high. I’m sure there are some ways around it, but I’m not aware of them. 24 users here now. Hi! So I successfully filed a FAFSA dependency override for the 2021-2022 school year, but when I go to file my taxes, the IRS recognizes me as a dependent. FAFSA - Free Application for Federal Student Aid This is the Official Tower Defense Simulator Reddit, this is a place for our community to interact with each other, post memes, ask questions and answer questions, and for our community management team to interact with all of you, and so much more! Independent override upvotes Graduate students are automatically independent, but there is also no need-based aid for graduate students. I am wondering if this means my schools would give me full tuition. They say that on the forms about the fafsa. Even so, I am still independent due to my age. From local news and events to breathtaking scenery and outdoor activities, this community is a hub for British Columbians and anyone interested in Get the Reddit app Scan this QR code to download the app now. You have to prove some kind of abuse, abandonment, parent in prison, spent time in foster care as a teen, etc. Should I claim dependent or independent on FAFSA . My parents refused to touch the FAFSA forms for a variety of reasons not limited to narcissism and crime. r/financialaid A chip A close button. You must enter your SSN to create your account" like she does not have a ssn what are you talking abouttt 😭😭😭😭 Is There a FAFSA Independent Loophole? Loophole stories have made the news , sparking discussions about whether the process is ethical, and how need-based aid is calculated. Hazelwood has no role in or effect on FAFSA's SAI determination. FAFSA doesn’t ask about savings, if your income is very low. For very selective schools, they dig deeper than FAFSA using another financial check (CSS), so savings will be seen at selective schools - Ivies won’t be handing out need-based aid to millionaires. Trying to apply for financial aid as a independent adult, apparently all the possible reasons for not applying with parents info don't count thus forcing me to include my parents info if I want help At least I'm only needing to file the FAFSA this time just get the scholarship I'm already awarded, but for 2022/23 I won't and will be left FAFSA only considers you an independent at 24, or marriage. Becoming an independent for FAFSA purposes is much harder than becoming an independent for tax purposes. If you pay out of pocket because there's something halting FAFSA stuff, you can file up until Mayish into the next year for the previous year. View community ranking In the Top 10% of largest communities on Reddit. I played around with the FAFSA form for days trying to figure something out since I hadn't heard updates from FAFSA themselves. Get the Reddit app Scan this QR code to download the app now. Internet Culture (Viral) Should I say that I didn't file my 2022 taxes if I was a dependent on taxes but I'm an independent on fafsa since i graduated. I’m right there with you (completely independent. So meeting with a school counselor is meh. But when I go to file my taxes, the IRS recognizes me as a dependent. hi! i am an incoming freshman to the class of 2028 and i was an independent on my fafsa and my SAI was -1500. All graduate students are offered the same $20,500 unsubsidized federal loan per year and have the option to apply for a graduate PLUS loan, but graduate students cannot receive federal grants. Reddit's hub for advice, articles, and general discussion about getting and repaying student loans. All 529s held by dependent students and parents are treated as normal parent assets by FAFSA. Members Online. Once again, thank you for the kind words. r/BritishColumbia is dedicated to all things related to the Canadian province of British Columbia, situated on the stunning West Coast. A month before I left for training ( September 2021) I moved in with my boyfriend. The best examples are people who work with you and know your case professionally, ie social worker, doctor, therapist, lawyer, guidance counselor You should also write something in your own words going over the last time you had contact with I stumbled upon some of the questions posed here about how to navigate the FAFSA's questions regarding homelessness, so I'm here to shed light on this for anyone who sees this, in perpetuity. This means that they are subject to a progressive assessment that caps out at 5. S. I started in fall of 2012 and just had to drop out within the last The contributor (parent or spouse) will need to call the help number and select the options in this order: FAFSA applications, then select 2, then 4, then 2, then 3, say "identity verification" into the phone, then 3 (help using FAFSA ID), then 1 (using FAFSA ID with application). But I can’t I’m doing the fafsa for 2021-2022 and one of the questions is “will you be claimed as a dependent on 2021 tax returns”. Please advise. Open menu Open navigation Go to Reddit Home. At that time, students will be able to submit a fully completed FAFSA that includes contributor Hi! So I successfully filed a FAFSA dependency override for the 2021-2022 school year, meaning I am independent even though I am a full time student under 24. Under the new laws starting this year though, a grandparent owned 529 is essentially 'hidden money' and Conext: I'm a senior in undergrad applying for FAFSA because I'm planning on attending grad school (still hearing back). I applied to numerous I am a independent student without contact or financial help from my parents. ) Reply reply Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. Under 24 and full-time student means you can be claimed as a Qualifying Child if you meet the other criteria, Fafsa Independent, Taxes Dependent . Believe it or not, there are strategies for maximizing your eligibility for need-based student financial aid. The IRS is experiencing hi i just graduated high school. Help on the way for those who can’t complete the FAFSA forms because of SSN issues. with the changes in the fafsa form this year it has made it a pain I'm (22f) trying desperately to finish my education and return to college for this upcoming semester. Anyway! I'm going into my fifth year for my Contributors may provide general information and advice to students seeking help with applying for financial aid, but all students must understand that the best resource they can seek is the financial aid office at the school they are attending. and International, Federal mine says "We found a Social Security number (SSN) that matches your information. Posted by u/fafsa333 - 1 vote and 8 comments 22 and 24+ year olds may not be facing this issue. e. I’ve heard some schools will allow you to file as independent if you can prove you are, but mine didn’t. The changes made to the FAFSA will take effect in 2023-2024 school year and will be based on tax information from 2021. Please use the search bar before posting your question for similar questions answered in the past. If you're a full-time grad student at 22 (so automatically FAFSA independent) you can still be claimed by as a dependent as per IRS criteria. I hadn't lived with my parents since I was 17. Last year, I decided just a few weeks before classes started at my local CC, that I wanted to go back to school. Fall 2018, Spring 2019, Summer 2019, Fall 2019). But if I take any more parental loans, there is 100% When a student is determined to be a dependent student (look at the FAFSA, step three - there are 18 dependency questions, if your answer to at least one of them is yes, you are considered independent - otherwise, you are dependent of your parents in the eyes of the govm't) - you must include parent income information in your FAFSA. I was fully supporting myself financially at 19, filing my own taxes as an independent but my school STILL wouldn’t let me file FAFSA as an independent because I was under 24, not married, and didn’t have a kid. (1) I didn’t make $ in 2022 and was a dependent but because I’m a grad student the system puts me under independent (2) I said yes to the consent for IRS thing but I’ve literally never made enough $ to file ever broke as a joke so should I My FAFSA shows that I'm considered an independent student then gives the option to list parent information anyway. FAFSA join leave 25,893 readers. For the FAFSA they could care less if you are financially independent or who your guardian is. These strategies are based on loopholes in the need analysis methodology and Fafsa says I am considered independent then I continue until the end of the form and asks the risk for homelessness question. Hi, guys, I'm 24 so I'm classified as an independent student, I make 3k per month since I work and study full time, in the 2024-2025 FAFSA my expected contribution was over 7k which is ridiculous, and basically that 7k was the money that I need to pay my tuition so I can't pay for it now (FAFSA money was the only way to pay tuition for me) you guys know if there is any possibility to re 22 and 24+ year olds may not be facing this issue. The requirements for a student to be considered independent are rather strict. Or check it out in the app stores     TOPICS. I am trying to fill out my FAFSA and it keeps saying I need his financial information. (Making a student Independent when answering the FAFSA questions means the student is Dependent. If you foresee unit prices growing at a rate like it did for me it could be a great deal if you buy enough to cover everything education related and not just tuition. Graduate students are automatically independent, but there is also no need-based aid for graduate students. It's just too complicated for the federal government to add a cancel button ig This will be my first time filing FAFSA as an independent and I’m super lost. If the student We just had a baby and will be opening a 529 account, however I am now reading that doing so can hurt my child when applying for FAFSA. Ever since I was 18, I claimed myself as independent, but lived with my father. For taxes, you just have to show that your parents don’t pay more than 50% of your living expenses or that you don’t live with them. do not mistake this for a loophole. I have tried deleting and creating a new fafsa form and same thing. Hey Everyone: I'm trying to determine the best way to fill out my FAFSA - either as an independent or dependent of my parents. Or check it out in the app stores     TOPICS legislation changed it so if you turn 24 before December 31 of the FAFSA year, you’re considered independent. We found a loophole at least in our state that if she says she is homeless she will be considered independent. Independent on FAFSA and on taxes are two completely separate things. Being considered independent for your taxes is way easier than being independent on your FAFSA. What are my chances of getting FAFSA for the 2023-2024 school year? Do my parents have to not claim me on their 2022 taxes for me to get financial aid as an independent? If in the event I have to move back home, can I still live with my parents while not receiving financial support from them and qualify for FAFSA? FAFSA is aware of the signature problem, but they're listing the "workaround" as waiting for it to process and re-signing it instead of cancelling the prematurely submitted FAFSA's. Your post made MY For FAFSA, you have to be 24, have kids, or be married to be an independent. College financial aid administrators are permitted to offer dependent students an unsubsidized Stafford loan without requiring the parents to file a FAFSA, provided that the financial aid administrator verifies that the parents have ended financial support and will not file the FAFSA. Did I mess it up all the way? My pell grants/cal grants for school have already been confirmed aside from a specific document withholding it Honestly would have been better to wait until 25 or get married to a like minded partner to game the independent fafsa but that’s because the system is so stupid. Because of this, I would like to fill out the FAFSA as an independent so I can apply for loans and pay them off myself if I get them. every since i turned 18 i am not financially dependent on my parents, i have a job and i will be filing my taxes independently. You have to keep adding your parents to your FAFSA until after you turn 24. ” From FAFSA point of view, you are an Independent, a non-filer back in 2022, so you'll get SAI of (negative) -1500, meaning max pell grant, FSEOG, work-study, fed loans etc. Expand user menu Open settings menu. UCSD will first determine your "Estimated Family Contribution," which will be $0- that'll authorize you to get the full dispersal of financial aid from Pell & Cal Grants, which you have to apply to annually. get reddit premium. Classifying as independent under the age of24 How hard would it be to add a checkbox saying “The student receives zero support from parents, lives without them, works full time job”, etc? Not every student fits into For real. Reply reply More replies. 64% per year and have the same impact as cash, taxable brokerage, rental properties, and any of the other normal parent asset types. A way around this is getting 'independent' classification on FAFSA, but this is very difficult to TL;DR: FAFSA requirements for being an independent student are hard to meet. The reasons why are: I haven’t made over $10k each year from 2007-2011 and Does anyone else think the definition of “independent” on the FAFSA is ridiculous? Basically if you’re not married, a veteran/active duty, a parent, a graduate student, or an emancipated It’s not easy to become a FAFSA independent student, but it’s the right choice for certain people. provided for myself. The student’s spouse is included, if the student is independent. I'm filing this for my 6th/ final undergrad year at a public university, I will be 23 when the upcoming academic year starts & graduating at 24. The Department said on Tuesday that they will resolve FAFSA submission issues for students who have a contributor without an SSN in the first half of March. Log In / Sign Up; Advertise Unborn children may be included if they will be born before or during the award year and will receive more than half their support (from the student, if the student is independent, or the student’s parent’s, if the student is dependent) during the award year. Living with a parent who just doesn’t wanna pay for school doesn’t count. Would not go well. This is bad advice. If you were born before Jan. Terms & Policies Are there any loopholes, exceptions, etc. Reddit comments are not legal advice and do not replace consulting a qualified, licensed immigration professional. If fafsa qualifies you as an independent student you do not need to report their income Reply reply Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U. 1, 2001, then you are independent for the 2024-2025 school year, regardless of your FAFSA submission date. This new FAFSA form + filing as independent is confusing me. I went through the same deal. They don’t have the authority to change you from independent to dependent for this reason. Please note that for FAFSA purposes, your household size as an independent student is about your spouse (if married) and individuals that you provide more than 50% of that purposes financial support. But I cannot answer yes to one of the other qualifying questions. I am really hoping university of southern california will give me full tuition or at least cover some. Sucks. I filled out the personal circumstances section and FAFSA automatically placed me as an independent and that I don't need to fill out my parent's info. I start in August 2018 and complete my program around Dec 2019 (going to school for 4 semesters, i. 😭 I just filed my fafsa for the 23-24 school year and found out that they consider me an independent student because I’m turning 24 in October. Because it asks for my income but it doesn't specify me seperately on my How often are independent appeals accepted? Is it a case by case basis? What should I expect? I’ve submitted my appeal for independent status due to FAFSA is asking for my 2016 income which was about $14k (kinda low since I was in school half of the year). . Only two are reasonably under the student’s control and those are. does filing as independent affect fafsa, fafsa independent student loophole, can you fill out fafsa if you are independent, can you still get fafsa as an independent, fafsa independent loophole reddit Posted by u/storiesofstories - 1 vote and 5 comments Get the Reddit app Scan this QR code to download the app now. They catch it all the time, they do prosecute, and it will follow Once you turn 24, you can be called independent on the next FAFSA you do. ydwjpgxc rwlx yuexqmn kyqzod crlad jnn wfeg rvm ekzd mzzh