Tag Archives for " finances "

How to Determine Dependency Status in 3 Simple Steps

family dependency status

First off, dependency status simply refers to figuring out if you need to submit one, both, or neither of your parents’ financial information as well as your own when filing the FAFSA. And knowing this beforehand will help in expediting the process, which is always a plus.

The Free Application for Federal Student Aid (FAFSA) helps the government and colleges determine how much tuition you and your family can afford to pay versus what you will still need to pay to attend. Finding out if you’re a dependent or independent student can seem tricky, which is why I want to break down and demystify this process.

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