Anonymous
Post 12/20/2024 15:58     Subject: FAFSA and divorce
Anonymous wrote:Here is the info about who fills out the FAFSA. Most custodial parents are the ones providing the most support.

“If your parents are divorced, separated, or never married, and don’t live together, the parent who provided more financial support during the last 12 months is the contributor and must provide their information. If both parents provided an equal amount of financial support or if they don’t support you financially, the parent with the greater income and assets is the contributor and must provide their information.”


So if the parent who contributes more makes less, are they the parent who fills out the FAFSA?

This states only if both parents contribute equally that it then reverts to the parent who makes more.
Anonymous
Post 12/20/2024 14:11     Subject: FAFSA and divorce
Questbridge?
Anonymous
Post 12/20/2024 14:07     Subject: FAFSA and divorce
Anonymous wrote:Here is the info about who fills out the FAFSA. Most custodial parents are the ones providing the most support.

“If your parents are divorced, separated, or never married, and don’t live together, the parent who provided more financial support during the last 12 months is the contributor and must provide their information. If both parents provided an equal amount of financial support or if they don’t support you financially, the parent with the greater income and assets is the contributor and must provide their information.”


Sounds like this is the kids father.
Anonymous
Post 12/19/2024 19:41     Subject: FAFSA and divorce
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Whoever the custodial parent is fills out the FAFSA. The NCP doesn't. I've done it for years. If you are the custodial parent, your kids will qualify for Pell Grants at that income.

A few schools also want you to fill out the CSS profile in addition to the FAFSA. Some schools will require to fill it out too but not all. Just something to keep in mind.


This is not true, was changed a few years ago. No longer the custodial parent.

Well, that’s what we do.


And, you're not following the FAFSA rules. Is not based on custodial parent anymore.
Anonymous
Post 12/19/2024 18:31     Subject: FAFSA and divorce
Here is the info about who fills out the FAFSA. Most custodial parents are the ones providing the most support.

“If your parents are divorced, separated, or never married, and don’t live together, the parent who provided more financial support during the last 12 months is the contributor and must provide their information. If both parents provided an equal amount of financial support or if they don’t support you financially, the parent with the greater income and assets is the contributor and must provide their information.”
Anonymous
Post 12/19/2024 18:00     Subject: FAFSA and divorce
No, OP. There are some who are using custodial parent when filling out the forms. I wanted to let them know there can be repercussions.
Anonymous
Post 12/19/2024 17:47     Subject: FAFSA and divorce
Anonymous wrote:If you are going by custodial parent, you are doing it wrong. You might not get verified, but if you are:

According to The Higher Education Act of 1965 (sometimes abbreviated HEA), the repercussions of lying on the FAFSA can include hefty fines, loss of financial aid, and even jail time. The Higher Education Act allows for maximum penalties of:

Up to 5 years in prison
Fines of up to $20,000
Returning any financial aid already disbursed


I’m OP is this directed to me? I have primary physical custody- I’m not trying to cheat or lie I just didn’t understand if exH income would disqualify my child from aid
Anonymous
Post 12/19/2024 17:41     Subject: FAFSA and divorce
If you are going by custodial parent, you are doing it wrong. You might not get verified, but if you are:

According to The Higher Education Act of 1965 (sometimes abbreviated HEA), the repercussions of lying on the FAFSA can include hefty fines, loss of financial aid, and even jail time. The Higher Education Act allows for maximum penalties of:

Up to 5 years in prison
Fines of up to $20,000
Returning any financial aid already disbursed
Anonymous
Post 12/19/2024 17:31     Subject: FAFSA and divorce
Anonymous wrote:
Anonymous wrote:Whoever the custodial parent is fills out the FAFSA. The NCP doesn't. I've done it for years. If you are the custodial parent, your kids will qualify for Pell Grants at that income.

A few schools also want you to fill out the CSS profile in addition to the FAFSA. Some schools will require to fill it out too but not all. Just something to keep in mind.


This is not true, was changed a few years ago. No longer the custodial parent.

Well, that’s what we do.
Anonymous
Post 12/19/2024 17:10     Subject: FAFSA and divorce
Anonymous wrote:Both parents go on the FAFSA, even in divorced families.


This is not true.
Anonymous
Post 12/19/2024 17:10     Subject: FAFSA and divorce
Anonymous wrote:Whoever the custodial parent is fills out the FAFSA. The NCP doesn't. I've done it for years. If you are the custodial parent, your kids will qualify for Pell Grants at that income.

A few schools also want you to fill out the CSS profile in addition to the FAFSA. Some schools will require to fill it out too but not all. Just something to keep in mind.


This is not true, was changed a few years ago. No longer the custodial parent.
Anonymous
Post 12/19/2024 17:09     Subject: FAFSA and divorce
So many of these responses are wrong. Please consult actual FAFSA resources. It has nothing to do with taxes.

https://studentaid.gov/apply-for-aid/fafsa/filling-out/parent-info