Formula C – Independent students with dependents other than a spouse There’s no drastic change to how the calculations are made, although some of the data elements used in these formulas have been changed. There will no longer be simplified versions of these formulas to calculate assets. ...
As you determine this, you’ll need to indicate whether your parent or parents are married, remarried, separated/divorced, unmarried but living together, or widowed. Based on that answer, the FAFSA® will ask for the date of their marriage, divorce, or spouse’s death. If your parents ar...
For applicants with divorced, never-married or separated parents who don't live together, the parent who provided the most financial support over the last 12 months is considered the contributor. If it's the same amount for each parent, the contributor is the parent wi...
Specifically: The FAFSA uses parents’ 2022 tax information for the 2024–2025 school year. If a parent filed 2022 taxes while married but is divorced by the time the student applies for Fall 2024 or Spring 2025 financial aid, the parent of record may have to manually enter their tax inform...
In this section, you’ll see the answers you and your contributor, if applicable (be it a parent or spouse), provided on your FAFSA®form. “School Information” tab: This section includes the schools you chose to have your information sent to when you completed the FAFSA®form. ...
separated and don’t live together. In that case, the parent’s information to include on theFAFSA®would be the one who provided more financial support over the previous 12 months. If that parent is married or has remarried, you would also include their spouse’s information on your ...
Your SAI is calculated using several factors such as your and, if applicable, your parent or spouse’s income, assets, and benefits (like unemployment). Your SAI number will help colleges understand how much financial aid you may need for college. Your financial need amount is produced by sub...