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Definition of a Dependent StudentYou are a dependent student if you
But Why Do I Need to Provide My Parents Information?We are frequently asked why a student under the age of 24 has to provide parents’ information to apply for financial aid if • the student no longer lives with them or The federal student aid programs are based on the underlying principle that for a student entering college soon after high school, the primary responsibility of paying for a college education lies with the student and his or her parents. The age of 24 is used because generally for a student leaving high school it take 4-6 years to complete a four year degree. If the parents choose not to assist the student, that is a family decision. If your parents are concerned that by providing their information they will have to contribute to your education, reassure them that is not the case. Their information simply needs to be included on the form for you to apply for financial aid. (And if your parents are divorced or separated, you need only provide the information of one parent.) Also, in these difficult economic times, if their financial situation has changed from last year, we can review your application and make income adjustments that more accurately reflect the family’s current situation. Please feel free to talk with your financial aid counselor about this. |
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