Should I answer questions about my parents on FAFSA law school reddit?

Would filling in parent's information necessary for law school? Yeah, definitely don't listen to the FAFSA, individual schools have their own requirements. Through FAFSA, you are considered independent. However, law schools will consider your parents information.

Should law students answer questions about parents on FAFSA?

Note: Law school and health profession students may be required to provide parental information regardless of their dependency status.

Should I answer FAFSA questions about my parents?

It doesn't matter if you don't live with your parent or parents; you still must report information about them if you're considered a dependent student for FAFSA purposes.

Do I need to answer questions about my parents on FAFSA reddit?

You are considered an "independent" student. This means you are not required to answer questions about your parents. - your school requires parental information from all students.

Should I fill out parent demographics on FAFSA?

You can't be considered independent of your parents just because they refuse to help you with this process. If you don't provide their information on the FAFSA form, it will be considered “rejected,” and you might not be able to receive any federal student aid.

Law school coach answers REDDIT questions...

How do I not include my parents on FAFSA?

If you can't provide information about your parent, you can indicate that you have special circumstances that make you unable to get your parents' info. You'll then be able to submit your application without entering data about your parents. Although your FAFSA form will be submitted, it won't be fully processed.

Should I put my parents info on FAFSA for graduate school?

Graduate and professional students are considered independent students for FAFSA^® purposes, so when you fill out your FAFSA form to apply for grad school aid, you won't need to provide parent information. For the 2024–25 FAFSA form, if you're married, you'll need to provide your spouse's information.

Can you skip FAFSA questions about your parents assets?

Skip Questions About Parents' Assets (2023–24)

If you decide to skip these questions, doing so won't affect your eligibility for federal student aid. Select “Yes” to skip questions about your parents' assets. Select “No” to answer questions about your parents' assets. Was this page helpful?

Why is FAFSA asking about my parents?

As a dependent student, you're assumed to have parental support, so your parents' information has to be assessed along with yours to get a full picture of your family's financial strength and calculate your federal student aid eligibility.

Does FAFSA check everything?

FAFSA doesn't check anything, because it's a form. However, the form does require you to complete some information about your assets, including checking and savings accounts. Whether or not you have a lot of assets can reflect on your ability to pay for college without financial aid.

Can FAFSA access my bank account?

Students selected for verification of their FAFSA form may wonder, “Does FAFSA check your bank accounts?” FAFSA does not directly view the student's or parent's bank accounts.

Will I get financial aid if my parents make over 100k?

If your parents are high earners, you might assume you won't get any financial aid to help pay for college. But that's not necessarily the case. The Department of Education doesn't have an official income cutoff to qualify for federal financial aid.

What happens if you don't report assets on FAFSA?

Failure to report assets on the Free Application for Federal Student Aid (FAFSA) is fraud. It doesn't matter whether you keep the money in a safety deposit box or stuffed under your mattress.

Do law schools look at FAFSA?

In order to help the law school's Financial Aid Office estimate financial need, students must complete the FAFSA or the California Dream Application, and the Law School Financial Need Application, which collects data about the family profile.

Does it matter how much your parents make for FAFSA?

The good news is that the Department of Education doesn't have an official income cutoff to qualify for federal financial aid. So, even if you think your parents' income is too high, it's still worth applying (plus, it's free to apply).

At what age do you not need your parents information for FAFSA?

A student may already be financially independent, but they're not considered legally independent for the FAFSA until they reach 24 years old — unless they qualify for a dependency override. In that case, you can fill out the FAFSA without your parents' or guardians' financial information.

What happens if you skip the parent financials for FAFSA?

If you're given the option to skip questions, keep in mind that doing so won't affect your eligibility for federal student aid.

Should I report my parents assets on FAFSA?

Independent students don't have to report parent income and assets, dependent students do. Thus, independent students may qualify for more financial aid if they aren't working or earn less income.

Is it better to answer questions about assets on FAFSA?

Don't forget to look at your own finances. While you may not have as much in your savings account, student assets are weighted more heavily (20% for the FAFSA), so these must be reported, too.

Do you have to pay back FAFSA?

The type of aid you receive after filling out the FAFSA determines if you need to pay it back. Grants, scholarships, and work-study money don't need to be repaid but have finite funding limits. You will need to repay subsidized, unsubsidized, and Direct Plus Loans.

How do I protect my inheritance from FAFSA?

The FAFSA considers the prior year's tax returns of the parents and applicant. You could reduce the negative effects of a large inheritance by: Using the inheritance to pay off existing debt, thereby decreasing the value of your reportable assets.

How does FAFSA verify income?

Some of the documentation you may need to provide in the verification process for you and your parents (if applicable) are: Tax transcripts or tax returns showing income information filed with the IRS. Tax transcripts can be ordered by mail for free at the IRS website.

What counts against FAFSA?

Your family's taxed and untaxed income, assets, and benefits (such as unemployment or Social Security) all could be considered in the formula. Also considered are your family size and the number of family members who will attend college or career school during the year.

What if my parents are rich but won t pay for college?

You have multiple options to consider, including federal financial aid, scholarships, grants, a job and student loans. Although paying for college by yourself is a huge financial undertaking, it's possible with enough research, hard work and planning.

Do millionaires get financial aid?

There are NO income limits for completing the FAFSA. It merely establishes your expected family contribution (EFC) for needs-based federal financial aid. It is true that most wealthy families will not qualify for this type of needs-based aid. Where the potential lies is with discretionary funds called merit based aid.