I have a student who is a senior in high school and whose parents' divorce will be final in January, a month before he files FAFSA. Can you tell me what the significance of the FAFSA question is that asks the date the divorce was final? Dad makes good money, but children will be with mom full time starting in January, so I am wondering if FAFSA (and/or the college) will use only mom's assets and income for the EFC. This is a bit of a tricky situation so:
1. Whose income/assets is used for 2012 if divorce is final in 2013 before FAFSA is filed?
2. If the family has to use all of their income, including dad's for 2012 since they were married throughout that year, should they skip filing the FAFSA for the 2013-2014 school year so a precedent is not set of a higher income?
3. I keep seeing information about needing to file a divorce decree but where do you get this form? From the college or from the FAFSA?