How does the finaid process treat independent students?

<p>Suppose for one of the technicalities listed by the FAFSA and the Profile, and a student were to be considered independent with an almost 0 efc, will their demonstrated need be met? In all senses of the word “independent”, he’s still very much a dependent of his parents, but not the technical one…</p>

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<p>I’m sorry but your post is most unclear. What do you mean? Is this student independent or not?</p>

<p>the student is technically independet defined by the FAFSA, but the student still lives with the parents, eats with them, does not earn an income any where near to what he needs to support himself, etc</p>

<p>So what you are saying is that this prospective student is either over 24, married, a veteran of the armed forces, a parent, or has a bachelors degree. But he/she still lives with his parents who fully support him. Well…for FAFSA purposes, the only thing he would have to report is HIS income, and assets. However, most schools that meet full need also require the CSS Profile. For those schools, the student would likely need to contact the specific college to find out their policies regarding what needs to be reported on the Profile (student only, or both parent and student). My guess is that if the student really meets the independent student status, they would report only their own information. HOWEVER, having said all that, the colleges still have an expectation that the student will contribute to their own college expenses in a certain amount per year, and this increases with each subsequent year of attendance. AND most schools that meet full need are also extremely highly competitive in terms of admission. The student would have to first get accepted…not an easy task at some of these schools. I know you’re not asking this…but has this student considered multiple college options…not just full need meet schools? Are his/her parents going to contribute to the college bills? Does he/she have any money saved that could be used for college expenses? Could the student work and attend college part time while living at home and continuing to save money?</p>