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Why does FAFSA consider how much your parent makes and factor that in for how much money you will be awarded, even if you will be paying for college on your own. I lost most of my scholarships and grants because my father made more money this year, but he isn't helping pay for my schooling, so I ended up losing money due to circumstances beyond my control. ?
I have always wondered why FAFSA counted for parents' income for kids who are paying for schooling alone. I understand if the parent is paying for it, but as a college student without a steady yearly income, it is very hard to manage.
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Deidra’s Answer
Hello. I applied for the FAFSA without entering any of my parents information. My parents are not involved in my life and I provided evidence of estrangement. You may want to look more into that, only if it is true. In the case you give your parents information that their income is negatively effecting your ability to pay for your college and they do not help, I am assuming it could be a possibility. This would also include you filing your own tax return. If either for them claim you as a dependent, estrangement will not be available.
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Maggie’s Answer
Hi Caroline -
As far as I understand, FAFSA takes into account parental income because the system would work where everyone would say their parents cannot pay if that was a way to get around a high salary. It is an unfortunate part of the system. It looks like you could wait to go to college until you are 24 to be able to get FAFSA help. You could consider community college to start with for smaller loans. Other options include applying for other scholarships. I'm sorry that there is not an easier way around this.
As far as I understand, FAFSA takes into account parental income because the system would work where everyone would say their parents cannot pay if that was a way to get around a high salary. It is an unfortunate part of the system. It looks like you could wait to go to college until you are 24 to be able to get FAFSA help. You could consider community college to start with for smaller loans. Other options include applying for other scholarships. I'm sorry that there is not an easier way around this.