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Princeton NPC clearly states divorced parent implications
ucbalumnus
81137 replies728 threads Senior Member
https://swebapps.princeton.edu/FinAid/finaid_form.pl
The way Princeton's NPC explains how to handle divorced parents is pretty clear and makes it less likely that applicants will make the mistake of assuming that only the custodial parent matters in a divorced parent situation.
Seems like other colleges that use both divorced parents' information ought to look at this example.
(Note: Princeton may differ from other colleges in its policy if the custodial parent is remarried.)
11 replies The way Princeton's NPC explains how to handle divorced parents is pretty clear and makes it less likely that applicants will make the mistake of assuming that only the custodial parent matters in a divorced parent situation.
Seems like other colleges that use both divorced parents' information ought to look at this example.
(Note: Princeton may differ from other colleges in its policy if the custodial parent is remarried.)
This discussion has been closed.
Replies to: Princeton NPC clearly states divorced parent implications
Great find, @ucbalumnus . Hopefully more schools will come up with one like this. Long overdue.
For the Separated or Divorced section it says "This describes a situation where your natural parents have separated or divorced and your custodial parent has not remarried." (this is also not the case)
So, if I check the Married or Remarried box, are they calculating aid based on my income and the income of my current husband rather than my son's dad?
Based on this wording, a custodial parent who has remarried and the new spouse (stepparent) would be this situation, and the calculation would be based on the finances of these two. Or are you saying that the custodial parent and new spouse (stepparent) live separately? You can ask Princeton to be sure if you want.
Each college may have its own policy that should be described or inferred on its financial aid web site (but it may take some digging around). Princeton is an example in this thread mainly because its policy is clearly stated on its net price calculator, so that students and parents are less likely to make incorrect assumptions in a divorced parent situation; it is not necessarily the case that Princeton's policy is the same as that of any given other college.
In a divorced parent situation, many colleges that do require both parents' finances do so regardless of whether either or both has remarried.
https://talk.collegeconfidential.com/financial-aid-scholarships/2083835-faq-divorced-parents-financial-aid-and-net-price-calculators.html