11.14.08 | How Does Divorce Impact My Federal Aid?
As most everyone knows the FAFSA is the key that opens the financial aid door, but which parent gets listed on the FAFSA for a dependent student after a divorce is the million dollar question. Is it the parent earning the most money? How bout the one earing the least? What about both?
The answer is…drum roll please…the parent you lived with for the greater amount of time during the 12 months preceding the date you file your FAFSA application.
If you didn’t live with either parent, or you lived with each parent an equal amount of time, then use information about the parent who provided the greater amount of financial support during the 12 months prior to the date you file your FAFSA application.
If you didn’t receive any financial support during that time than you must report information about the parent who most recently provided the greater amount of parental support.
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