How do I become an Independent Student for Federal Aid purposes?
You are an independent student if you turned 24 before January 1 of this year, are a veteran of the U.S. armed forces, are married, are a ward of the court or were a ward of the court until age 18, have no living parents and have no legal guardian, or have a legal dependent who gets more than half of his or her support from you. The FAFSA has more details about these categories.
If you meet one of the following: were born before January 1, l971, are a veteran of the U.S. Armed Forces, are married, are a ward of the court, have no living parents and have no legal guardian, or have a legal dependent who gets more than half of their support from you. The Free Application for Federal Student Aid (FAFSA) has more details about these categories. Q. Who gets Perkins Loans? The Federal Government requires that Financial Aid awards Perkins Loans to its neediest students first, and any remaining loan funds can then be given to lower need students. Since the Perkins Loan program has a spending limit, only a portion of aided students receives the Perkins loan. Q. If I take a leave of absence, do I have to repay my loan right away? You will enter your 6 month grace period. At the end of that period you will start to re-pay your loan. When you re-enroll, you will be eligible to defer payments. Q. How are loan proceeds paid? Under federal direct lending, they are paid by the
You may be considered independent if you meet at least one of the following requirements: were born before January 1, 1985, are a veteran of the US Armed Forces or currently serving on active duty, are married, are an orphan or ward of the court, or were a ward of the court until age 18, have a child or legal dependent for whom you provide more than half of their support, or are enrolled in a graduate or professional program.
You may be considered independent for the 2008-2009 Academic Year if you meet at least one of the following requirements: • were born before January 1, 1985, • are a veteran of the US Armed Forces, • are married, • are a ward of the court, or were a ward of the court until age 18, • have a legal dependent for whom you provide more than half of their support, or • enroll in a graduate or professional program. • Serving on active duty in the U.S. Armed Forces for purposes other than training.
