04.30.09 | Auto Zero EFC for Dependent Students
How can dependent students get an auto zero EFC? Two conditions must be met.
First, your parent must have an adjusted gross income less than $30,000.
Second, someone in your parent’s household must be participating in one of the federal benefit programs detailed in questions 77-81, or your parent(s) are eligible to file a 1040EZ or 1040A federal tax return, or your parent is a dislocated worker, as specified in question 85.
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Filed under: FAFSA
Hi,
My parents are divorced and live in different states. I live with the one that looks good on paper financially (so I get no money) but she has no money to give me for college. The other is not doing well financially(actually in the process of claiming bankruptcy but I don’t live with them. Financial aid tells me that i would need to change my residence legally to use that parents stats and relocate to that state at least 6 months prior to the filing of my next years FAFSA (2010-2011) this would change my residency status and no longer be eligible for in state lower tuition. Have any insights
May 9th, 2009 | #