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College and University Discussion
Reply to "As schools near $100K/year when will that affect the pool of students?"
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[quote=Anonymous]If you fall into any of the following categories, you automatically become independent (meaning, your parents’ finances don’t count & it doesn’t matter how rich or poor they are) for the purposes of undergrad federal financial aid; tax dependency status is irrelevant: -You’re a caretaker providing more than 50% financially toward the care of a child[b] -You’re married -You’re 24 or older (starts the year you’re turning 24)[/b] -You’re in the military or a veteran -You were emancipated by a judge due to parental abuse PRIOR to the age of 18 I’ve highlighted the easiest ones to achieve. Additionally, you can get instate in a state you didn’t go to high school in if you move there for 1-2 years & show that you’re completely supporting yourself financially. That means 1-2 gap years after high school; this would have to happen before starting undergrad. This is all assuming your child is a U.S. citizen or holds a green card.[/quote]
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