Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Aussie shines after surprise RBA rate decision

July 8, 2025

Hong Kong leaders say city is good place to seek stability, capitalise on China growth

July 8, 2025

Hong Kong leaders say city is good place to seek stability, capitalise on China growth

July 8, 2025
Facebook X (Twitter) Instagram
Tuesday, July 8
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » How to fill out the FAFSA with separated parents
Business

How to fill out the FAFSA with separated parents

adminBy adminJuly 1, 2007No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 54


With divorced or separated parents, the one who provides you with the most financial support is typically who lists their income and tax information on the FAFSA.

With 50-50 split custody after the divorce or separation, the parent with the greatest financial means will be the one who contributes to the form and shares their information.

Details needed from contributors on the form include parent’s Social Security Number (SSN), income and assets, tax information, address of residence and more.

The Free Application for Federal Student Aid (FAFSA) asks for the financial and tax details of both of your parents, and note that only legal parents count. This means you don’t need to provide information on the FAFSA for grandparents, foster parents or stepparents who haven’t adopted you, though stepparents may need to, depending on their tax filing status.

But what if your parents are divorced or separated? This may seem like a tricky situation when it comes to applying for financial aid, but the Department of Education lists directions and tips that can help you get through the process.

If you’re a dependent, you’ll need to collect financial information from one or both of your parents, depending on their living situation. Having this information in advance will speed up the process of filling out the form. Here’s what you need to know about your parent or parents before you apply:

Their Social Security number(s).

Their federal tax information.

Their legal address of residence.

Records of untaxed information, like child support.

Information on their investments, cash, business income and liquid assets.

The date of their legal separation.

If your parents are married, live together and file their taxes jointly, only one parent needs to be a contributor to the FAFSA.

Additional information on filing the FAFSA and who is a contributor on the form is highlighted below:

Parents are not married but live in the same household: You must get the necessary information from them to complete the FAFSA and they both need to be contributors. Remember, you will need information from both parents if they still live together, even if they are considered divorced or separated by law.

Parents are divorced or separated and do not live together: The parent who contributed the most financially in the last 12 months will provide their information on the FAFSA and be the sole contributor on the form.

Parents have 50-50 custody and split financial support equally: The U.S. Department of Education recommends that the parent with the greater income be the contributor and complete the FAFSA form.

Parent is widowed: They will be the only parent to contribute information or share income and tax details on the FAFSA.

Story Continues

If a school asks for the CSS Profile, the parent who is the contributor for the FAFSA and shares their income and tax information after the divorce or separation is the same parent who should use their information on the CSS profile.

Learn more: CSS Profile vs. FAFSA: What’s the difference?

Determining what parental information you need to include on the FAFSA when your parents are separated can be tricky. If your parents still live together, you need financial information from both. If they are separated and do not share a household, then you will need the financial information of the parent whom you live with or provides the most financial support.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Business

Hong Kong leaders say city is good place to seek stability, capitalise on China growth

July 8, 2025
Business

China expands Bond Connect by allowing more players to join banks in offshore market

July 8, 2025
Business

A third of global chip supply threatened by climate change and drought by 2035: PwC

July 8, 2025
Business

Eric Trump to headline Bitcoin Asia 2025 as Hong Kong competes with US to be crypto hub

July 8, 2025
Business

Hong Kong stocks snap 3-day decline on optimism about US trade deals

July 8, 2025
Business

Xiaomi guns for home appliances after disrupting smartphones and EVs. Will it succeed?

July 8, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

MVT more than doubled in FY25 – Business & Finance

July 8, 2025

PM launches first-ever AI-powered customs clearance, RSM – Business & Finance

July 8, 2025

Trump slaps allies Japan, S Korea with 25pc tariffs – Business & Finance

July 8, 2025

SECP concludes 1,761 adjudication proceedings in FY2024-25 – Business & Finance

July 8, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Aussie shines after surprise RBA rate decision
  • Hong Kong leaders say city is good place to seek stability, capitalise on China growth
  • Hong Kong leaders say city is good place to seek stability, capitalise on China growth
  • Trump’s 25% tariff surprise for South Korea, Japan upends trade talk tactics
  • Opinion | Trump is single-handedly slaughtering America’s ‘exorbitant privilege’

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Aussie shines after surprise RBA rate decision

July 8, 2025

Hong Kong leaders say city is good place to seek stability, capitalise on China growth

July 8, 2025

Hong Kong leaders say city is good place to seek stability, capitalise on China growth

July 8, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.