Can you get financial aid if your parents are rich?
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Can you get financial aid if your parents are rich?
Wondering whether you should even fill out the FAFSA if your parents are rich? The answer is a resounding yes. You might be surprised that you are eligible for aid you didn’t think you’d qualify for. The Department of Education uses FAFSA information to determine your eligibility for aid.
How do I get FAFSA money without parents?
If you have no contact with your parents and don’t know where they live, or you’ve left home due to an abusive situation, fill out the FAFSA form and then immediately get in touch with the financial aid office at the college or career school you plan to attend.
Can you get financial aid without a parent’s help?
Students may not qualify for federal financial aid without a parents’ help, but you can still search for alternative funding sources. For instance, you could qualify for employer contributions or private grants that can go a long way toward paying your tuition bills.
Do your parents make too much money for financial aid?
Even if your family earns a substantial income, you are still encouraged to apply for federal aid. Many opportunities exist in the world of college funding, even if it seems as though your parents make too much money for financial aid. You may be surprised by what is available.
Can you be too rich to qualify for financial aid?
A common theme in higher education among higher-income families is the concept of being too poor to attend college but too rich to qualify for financial aid. This is one of the most significant and harmful myths in student aid today. Even if your family earns a substantial income, you are still encouraged to apply for federal aid.
What if my parents won’t help me fill out the FAFSA®?
If you don’t qualify for special circumstances but your parents still won’t assist with the FAFSA®, you can consider other options. When filling out the FAFSA®, indicate that you can’t submit your parents’ information and complete the form. Contact your school’s financial aid office immediately to explain your situation.