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Meaning / Definition of

Dependent Student

Categories: Loan and Mortgage,

A classification of a student for the purposes of the federal financial aid application. Most traditional college students are dependent even if they are paying their own way through college or no longer have a relationship with their parents. The federal definition of an independent student is one who can answer yes to any of the following questions, for the 2008-2009 filing year:Were you born before January 1, 1985?Will you be working on a degree beyond a bachelor's degree, such as a master's or doctorate, in school year 2008-2009?As of the date you will be submitting the FAFSA, are you married? (Answer yes if you are separated, but not divorced.)Do you have children who receive more than half of their support from you, or do you have dependents (other than your children or spouse) who live with you and receive more than half of their support from you, now and through June 30, 2009?Are you an orphan or ward of the court or were you a ward of the court until age 18?Are you a veteran of the U.S. armed forces?Are you currently serving on active duty in the armed forces for other than training purposes?Applicants who answer no to all of these questions are dependent students and are required to report parental information on the application.Be aware that you are not automatically independent for financial aid purposes simply because your parents stop claiming you as a tax exemption or refuse to give you support for your college education. Your parents' unwillingness, inability or reluctance to help pay for your educational costs does not make you independent. Becoming emancipated or qualifying for in-state tuition at a public institution also does not mean that you are independent for federal financial aid purposes. In cases where you do not qualify as an independent student but you receive no parental support, counselors in the financial aid office ca provide you with information about alternative financing and employment opportunities to help you pay for your college expenses.See also independent student.

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