Dependent Student

Dependent Student

A post-secondary student in the United States who does not earn income sufficient to be an independent student. A dependent student must report parental income on his/her FAFSA when attempting to qualify for federal financial aid. In other words, because there is no way a dependent student has enough income to pay for his/her education, the government considers the possibility that his/her parents may be able to do so.
References in periodicals archive ?
Assets held in a 529 plan owned by a dependent student or his or her parents, for example, have a weighting of just 5.
To test the software packages, a $10,000 taxable scholarship was entered for a dependent student with no other income or deductions.
The value of a parent or dependent student owned 529 account has a minimal effect on financial aid eligibility.
The accidental death and dismemberment provisions provided a higher education benefit that was payable to each eligible dependent student if Stoulig "die[d] as the direct result of an injury.
1) Dependent student--this formula for a dependent student uses parental data while the following two formulas for independent students do not.
However, Letter Ruling 200236001 (6) stated that taxpayers could forgo the exemption and give the education credit to their dependent student if the student could derive a greater benefit.
The final survey was mailed in February 2007, that being the very earliest we could get the data with military dependent student information from the HI DOE.
The confidence gained from one or two attempts starts them along the psychological path from dependent student to thoughtful performer, and perhaps is also a small step along the path from the dependence of childhood to the responsibility of an adult.
For a dependent student, the calculation is relatively easy.
Parents of children who receive Youth Allowance or ABSTUDY Living Allowance as a dependent student need to update their financial details with the Department of Human Services as soon as possible to ensure their child continues receiving their payment.