FinancialFred.com » parents

What I have in the bank will affect College Financial Aid?

admin — Sat, 10 Jul 2010 20:05:05 +0000

When I file my FAFSA, do the people check how much money I have in the bank account before approving my Federal grants/loans? What about the college financial aid office? Do they check before deciding how much money to give you?
My parents say that I shouldn’t have more than 0 in my bank account at any one point. But I want to open a savings account because I really need to control my splurging.
Does anyone know the answer to this? Thanks!!!

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What do I put for my parents salary in financial aid if my dad retires?

admin — Fri, 02 Jul 2010 00:35:05 +0000

ok…my parents make around 55,000 together and my dad plans on retiring this year. Will i get more financial aid when my dad retires and the only income is 10,000 a year?

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If I have a Civil Union, can I get financial Aid without my parents information required?

admin — Thu, 01 Jul 2010 11:22:46 +0000

I heard that if you’re under 25 but married you don’t need to have your parents involved in getting financial aid in school. Does the same thing apply to Civil Unions? I live in California. Thank you any information is helpful.

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How much financial aid will USC give?

admin — Mon, 28 Jun 2010 10:13:46 +0000

If my parents are both retired and our gross income is about 70,000 a year how much financial aid help will USC give. I am planning on attending next fall and want to know if we are able to pay for it.

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Qualifying for college grants?

admin — Sun, 27 Jun 2010 17:44:41 +0000

I have been wanting to move out and live on my own during my college years. However I originally believed it would be a bad idea financially with how high tuition costs are so I decided to stay with my parents.
But one of my friends the other day suggested that I should move out because I would qualify for grant money if I live alone. Is this true or is it not a guarantee?

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I'm graduating high school this year, wondering when to apply for college Loans/Grants?

admin — Wed, 23 Jun 2010 12:52:44 +0000

I remember someone saying I needed to wait til i got my results back from FAFSA (which i’m finishing up today) Is that correct? Also, HOW do you apply for loans and grants? I’m so lost and my parents don’t know anything about it so I’m in this alone!

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Is there any way of changing you dependency status for financial aid?

admin — Wed, 23 Jun 2010 10:12:41 +0000

I am 19 and I have been living on my own for 2 years and I hate that I may not qualify for financial aid because I have to put my parents information. I just want to do everything on my own. And I don’t want my parents money or lack of to determine my financial Independence. I think I should be independent and not considered a dependent since I do not depend on my parents at all.

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How to increase financial aid, without using parents income!?

admin — Sat, 19 Jun 2010 11:24:06 +0000

I am under 25 years old and no longer live with my parents. I recieve no support from them what so ever, but am still considered a dependant because of my age. I live off of my low income job, and really need to increase my financial aid to pay for school. What can I do, to avoid claiming my parents income, and increase my aid?

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Financial aid for college in a new city?

admin — Wed, 16 Jun 2010 01:27:35 +0000

My niece will graduate from HS in South Carolina in June and she would like to move to NYC to stay with me and attend college due to her parents lack of motivation towards education. Her mother gets SSI and her father is not really in the picture but he makes minimum wage. How long must she be a NYS resident to get financial aid for college.Can she get it based on her mothers income?

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How much financial aid will my wife and I be able to receive for law school?

admin — Tue, 15 Jun 2010 12:36:20 +0000

My fiance and I are currently in college. We will be married before graduating, and plan to begin law school immediately after finishing our undergraduate degrees. By being married and being financially independent from our parents, and having little to no income, what percentage of financial aid can we expect to receive?