Divorced Parents and FAFSA

thumper1
Sun, 21 Dec 2014 19:38:14 +0000

MIT Student Financial Services;

Read this. It is from the MIT website. The CSSProfile is required, as is the fafsa. The non-custodial parent Profile is also required, which means your dad WILL need to submit it. If he doesn’t, MIT will not evaluate your request for institutional need based aid.

Re: the “inflated income”. You can certainly ask MIT to consider this…but they usually only make these allowances for a bump in income if it can be clearly demonstrated that it is a ONE time occurrence that will not happen again. I’m not sure you will be able to prove this. What guarantee can your dad give MIT that he won’t receive a large commission job in upcoming years? None.

Plus, parents are first in line to pay for college…and this “extra income” could have in part been saved to help you with college costs.

Luckily, this is an EA, amd non-binding acceptance, so if the financial aid does not work out, hopefully you have other pending options that will be affordable.

At this point, you need to find out exactly what your parents and stepfather WILL be willing to pay for college for you annually.

And FYI, the Net price calculator will not work accurately for you as your parents are divorced.