Time Length as Non-dependent required for need-based(?)

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
lebroniousjames
Posts: 116
Joined: Fri Jul 16, 2010 10:21 pm

Time Length as Non-dependent required for need-based(?)

Postby lebroniousjames » Mon Jun 20, 2011 6:42 pm

How long does one have to be off his/her parents tax return in order to be considered for need-based aid?

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fixxion
Posts: 51
Joined: Fri Jun 17, 2011 6:24 am

Re: Time Length as Non-dependent required for need-based(?)

Postby fixxion » Tue Jun 21, 2011 3:44 am

24 years old or older and they cannot claim you the year you file as independent.

03121202698008
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Joined: Fri Jul 17, 2009 2:07 am

Re: Time Length as Non-dependent required for need-based(?)

Postby 03121202698008 » Tue Jun 21, 2011 9:10 am

I would think this varies by school. On the FAFSA, you're automatically independant as a grad student regardless of age but many schools make you fill it out no matter what.

lebroniousjames
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Joined: Fri Jul 16, 2010 10:21 pm

Re: Time Length as Non-dependent required for need-based(?)

Postby lebroniousjames » Sun Jul 03, 2011 1:25 pm

blowhard wrote:I would think this varies by school. On the FAFSA, you're automatically independant as a grad student regardless of age but many schools make you fill it out no matter what.



Yeah, that's what I've heard as well. It sucks, though, in terms of planning because I'd think that with a typical entry-level job salary there'd be a decent chance of getting at least (some) need-aid; conversely, I doubt I'd get sh*t based on my Dad's $ eventhough he won't be contributing for law school.

Does anyone else have any inside knowledge on this stuff? 1 year as non-dependent? 2? 3..?

berkeleykel06
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Joined: Thu Mar 11, 2010 3:39 am

Re: Time Length as Non-dependent required for need-based(?)

Postby berkeleykel06 » Sun Jul 03, 2011 1:32 pm

The thing is that need-based aid is so rare in law school that it probably doesn't matter. In my experience if need-based aid is given, schools tend to either uniformally consider your parents' income, regardless of how many years you've been independent (unless you are like over 30 I think, at least for GW), or they won't consider your parents' income at all, because they consider all law students to be independent. So in either of those scenarios, I don't see the number of years of your independence being a factor.

But the bottom line is, don't bank on getting need-based aid for law school regardless.

Gailsky
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Postby Gailsky » Tue Aug 16, 2011 12:00 am

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