ozarks technical community college 16 th annual counselors’ financial aid workshop
TRANSCRIPT
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Ozarks Technical Community College16th Annual Counselors’ Financial Aid Workshop
![Page 2: Ozarks Technical Community College 16 th Annual Counselors’ Financial Aid Workshop](https://reader036.vdocument.in/reader036/viewer/2022083009/5697bfe81a28abf838cb6229/html5/thumbnails/2.jpg)
Ozarks Technical Community College16th Annual Counselors’ Financial Aid Workshop
DETERMININGDEPENDENCY STATUS
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Federal Student Aid Eligibility
Based on principle of familial financial responsibility
Requires the Free Application for Federal Student Aid (FAFSA)
Requires parental information for students under 24 and may require additional verification
Ozarks Technical Community College16th Annual Counselors’ Financial Aid Workshop
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Dependent or Independent?
Cannot ‘declare’ independence
Status is determined by FAFSA questions
Independence may require documentation
Ozarks Technical Community College16th Annual Counselors’ Financial Aid Workshop
For Federal Student Aid Purposes…
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Who is a ‘Parent’ on the FAFSA?
Ozarks Technical Community College16th Annual Counselors’ Financial Aid Workshop
Parents include: Parents do NOT include:Biological Parents
Married Unmarried but
living togetherAdoptive parent(s)Parent and
Stepparent, if parent is remarried
Foster ParentsLegal Guardian
who has not adopted student
Relatives who have not adopted student
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Ozarks Technical Community College16th Annual Counselors’ Financial Aid Workshop
If the student can answer ‘YES’ on the FAFSA to one of the following, he/she may be independent: Born before 1/1/1992MarriedGraduate or
Professional StudentActive duty militaryVeteran Children/Dependents
Orphan/Ward of CourtEmancipated MinorLegal GuardianshipHomeless
Determined by agency specified on FAFSA
Special Circumstance Determined by FA Admin
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Dependency Overrides
Ozarks Technical Community College16th Annual Counselors’ Financial Aid Workshop
Abuse at homeAbandonment by parents
Special Circumstances:
Not claimed on taxesNot living with parent(s)Parent refuses to provide
information
NOT Special Circumstances:
Documentation
from a third
party, such as
law enforcement,
school official,
social worker.
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Provided by: