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.
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In 1995-96, a dependent student from a three-person family earning the equivalent of $60,000 today would not have qualified for a grant; today the student receives more than $1,000 through the program.
* When calculating education credits for a dependent student, preparers should examine the tax effect on returns for both the parents and the student to determine if the combined taxes generate a combined tax benefit.
911(d)(2)(A), the child's (dependent student's) unearned taxable income in excess of $2,100 is taxed at the trust and estate tax rates, which results in a tax liability of $469.
Assets held in a 529 plan owned by a dependent student or his or her parents, for example, have a weighting of just 5.64% in the Expected Family Contribution calculation used in the Free Application for Federal Student Aid (FAFSA).
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.
Collecting parental information from both of a dependent student's legal parents will result in a fair treatment of all families--information provided by students and parents on the FAFSA is used to calculate the student's expected family contribution (EFC)--by eliminating long-standing inequities based on parents' relationships with each other, rather than on their relationship with their child.
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.
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.
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