LSAC Fee Waiver Help

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
nerdiecherry
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Joined: Thu Jul 18, 2013 5:10 pm

LSAC Fee Waiver Help

Postby nerdiecherry » Thu Jul 18, 2013 5:15 pm

Hi everyone,
I was wondering if anyone could let me know if I would be qualified for the LSAC Fee Waiver. On my income returns, it is stated that I earned about $20,000, though most of that is composed of the $13,000 scholarship I get from school. In reality I only earned about $7,000. I also have about $6,000 in savings, though I plan to use at least half of that money on a legal issue my mom needs to resolve. I have claimed myself independent as my brother is dependent. Would I qualify?

IvyLeagueRedneck
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Joined: Sun Feb 24, 2013 6:57 pm

Re: LSAC Fee Waiver Help

Postby IvyLeagueRedneck » Thu Jul 18, 2013 7:36 pm

nerdiecherry wrote:Hi everyone,
I was wondering if anyone could let me know if I would be qualified for the LSAC Fee Waiver. On my income returns, it is stated that I earned about $20,000, though most of that is composed of the $13,000 scholarship I get from school. In reality I only earned about $7,000. I also have about $6,000 in savings, though I plan to use at least half of that money on a legal issue my mom needs to resolve. I have claimed myself independent as my brother is dependent. Would I qualify?

I'm no expert but I would think you would have a pretty good shot. In any case, the application is fairly easy and they give an answer pretty quickly.

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Toby Ziegler
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Re: LSAC Fee Waiver Help

Postby Toby Ziegler » Sat Jul 20, 2013 10:58 pm

Also something that is important is your cash on hand, or the amount of money you have in your bank accounts. I made the mistake of applying for the fee waiver right after our semester aid came in. I thought that LSAC wouldn't count it because it was strictly for tuition, books, etc.. I was denied. I even appealed it and was still denied on the same grounds. If you want more details PM me.
Last edited by Toby Ziegler on Thu Sep 05, 2013 4:43 pm, edited 1 time in total.

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arkgawilson
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Re: LSAC Fee Waiver Help

Postby arkgawilson » Sun Jul 21, 2013 9:14 pm

nerdiecherry wrote:Hi everyone,
I was wondering if anyone could let me know if I would be qualified for the LSAC Fee Waiver. On my income returns, it is stated that I earned about $20,000, though most of that is composed of the $13,000 scholarship I get from school. In reality I only earned about $7,000. I also have about $6,000 in savings, though I plan to use at least half of that money on a legal issue my mom needs to resolve. I have claimed myself independent as my brother is dependent. Would I qualify?



If you file as independent, but are under 25, they give you a hard time...at least they did me. I had to submit termination of parental rights and guardianship papers from 10+ years ago showing that my parents income didn't really matter as they did not raise me, even though I had been filing as independent since I was 18. I finally got it, though, so good luck.

nerdiecherry
Posts: 7
Joined: Thu Jul 18, 2013 5:10 pm

Re: LSAC Fee Waiver Help

Postby nerdiecherry » Sun Jul 21, 2013 10:55 pm

Thank you all very much for replying. I am 21 years old and have claimed independent since 2 years ago. My brother is my dependent. Will I still have trouble? What would you all think is the cut off point for both income and savings/checkings account?

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KevinP
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Re: LSAC Fee Waiver Help

Postby KevinP » Mon Jul 22, 2013 1:25 am

$6,000 in savings? Highly doubtful you'd qualify without appeal. There's a ton of threads where people have been denied for having 1k in the bank. (Although some have appealed and gotten the waiver).

nerdiecherry wrote:Thank you all very much for replying. I am 21 years old and have claimed independent since 2 years ago. My brother is my dependent. Will I still have trouble? What would you all think is the cut off point for both income and savings/checkings account?

Also, verify that LSAC does in fact consider you independent. See Section B of: http://www.lsac.org/jd/pdfs/usfeewaiverinstructions.pdf

LSAC quote:
If you answer “no” to all Items 16 through 20, you are considered by LSAC to be a financial dependent of your parents even though you may have been granted “independent” status by another institution.

nerdiecherry
Posts: 7
Joined: Thu Jul 18, 2013 5:10 pm

Re: LSAC Fee Waiver Help

Postby nerdiecherry » Mon Jul 22, 2013 2:55 pm

Part of the 6,000 is a school stipend and some of it, like I said is for some costs that I will incur this summer. I am considered independent as I do have a dependent. Does LSAC make you submit a copy of bank statements? So, hypothetically, can one put an amount less than the one in a savings account, considering that it will be less because of costs incurred in the future?

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Rory19
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Re: LSAC Fee Waiver Help

Postby Rory19 » Tue Jul 23, 2013 6:45 pm

Just apply and see what happens. I applied multiple times over a two year period and I was approved when I made more money! I am sure there is a rhyme and reason but none that I could understand in my case. They approved me back when I was graduated, 23 years old and earning ~$32,000 a year at a full time job. That's after denying me when I was a student and earning ~$12,000 a year.




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