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Yes you can apply for financial aid through FAFSA. I am back in school and do get financial aid. You are eligible for the same federal aid a traditional student with the same EFC would be eligible for.
Your getting aid should have no impact on your daughter's need. Certainly not as far as federal aid anyway. Also if she is in school at the same time as you, you can list her as a member of household in college on your FAFSA which would reduce your EFC. She, however, cannot list a parent on her FAFSA as a member of household in school.
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