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Reply to "Families and money - cheapskate"
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[quote=Anonymous][quote=Anonymous][quote]when I read about modern monetary obligations of step-parents, it seems like they are expected to step up and support their "kids." Where, exactly, have you read this?[/quote] Section 475(f)(3) of the Higher Education Act of 1965 specifies that if the parent responsible for completing the FAFSA has remarried as of the application date, the stepparent’s financial information must be reported on the FAFSA. This requirement applies regardless of whether the parent is divorced, separated or a widow or widower. There are no exceptions, not even if you have a prenuptial agreement, file separate income tax returns or weren’t married until this year. If you appeal for more aid because your husband refuses to contribute, the appeal will be denied. [/quote] NONE of this obligates either parent or step-parent to help in college tuition or related expenses. It just means that the parents' and step-parents' income and assets are used to help determine financial aid. If the parents/step-parents aren't assisting, then the child should be writing their own information on the FAFSA, not parents.[/quote]
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