Becoming An Independent Student & How It Helps & Hurts Your Financial Aid

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  • Опубликовано: 27 янв 2025

Комментарии • 53

  • @tysone1254
    @tysone1254 2 года назад +52

    My parents are too poor to pay for any of my college but too "rich" to let me get any financial aid.
    Edit: Being middle class in this country is hell

    • @MrMaxman93
      @MrMaxman93 2 года назад +2

      Same

    • @chronicgeb3812
      @chronicgeb3812 Год назад

      fax

    • @afoxcatartvideos4877
      @afoxcatartvideos4877 Год назад

      😂😂😂😂😂

    • @ismailali975
      @ismailali975 Год назад

      Same for me. I had good grades in high school and got accepted to a lot of universities. But when it came to being able to pay........

    • @kduchou
      @kduchou 6 месяцев назад

      Vote in November in a smart way.

  • @autumnslife.3755
    @autumnslife.3755 3 года назад +3

    Thank you for the video!
    Franklin High School, Somerset NJ
    Graduation Year: 2022

  • @vanphan-gq9wo
    @vanphan-gq9wo 3 года назад +2

    Sheldon High, CA. Thanks Ed.

  • @llnn2094
    @llnn2094 3 года назад

    Great info! Our son was grad student - independent, got fed loan, great rate. Morristown High School. 2022

  • @leemack806
    @leemack806 2 года назад +5

    If my parents forfeit their parental rights over me and I become emancipated, the financial aid forms will not ask me about my parents’ income. How do colleges “not accept” emancipation if my parents’ financial information won’t even be on the form? In other words, how will they know how much my parents make to give me a less-generous financial aid package?

  • @kishalazae6655
    @kishalazae6655 10 месяцев назад +5

    What if your child has moved out the house at 19 and decides to go school at age 22 are they not independent at that point?

    • @citi3108
      @citi3108 4 месяца назад

      Waiting for an answer on this same question. My son is 21 now, move out at 18. He lives on his own working and paying his own rent. He decided that he wants to go to trade school and asking for my information for fasfa.

  • @robertneumeyer2329
    @robertneumeyer2329 3 года назад +3

    Thanks for the helpful video! Roxbury High School Class of 2022

  • @anilgoel2549
    @anilgoel2549 Год назад +1

    Independent student age 26 in school. Between student income and assets, how to maximize student aid chances ?

  • @Emmakatherinetucker
    @Emmakatherinetucker 2 года назад +20

    Hi. I am 20 years old and live completely on my own. My parents don’t help me at all financially except for one bill because it’s cheaper to have a family plan. Anyways, would it help me financially as a working college student to claim myself as an independent? Also, can I claim as an independent even though I’m 20 years old. I have two jobs and go to college.

    • @edzamoracollegeprepchannel3820
      @edzamoracollegeprepchannel3820  2 года назад +1

      You could try to claim as an independent but most colleges will still want your parent's financial information. They require that you are 24 years of age to be deemed independent.

    • @safarikipata2548
      @safarikipata2548 2 года назад +1

      Whta if the parents passed away ? And you still under 24

    • @Shri100percent
      @Shri100percent 2 года назад +3

      Get married to a friend and use that. Honestly it could really help and in the end it's just a peice of paper

    • @Zoooooooooooo
      @Zoooooooooooo Год назад

      @@safarikipata2548 you can be an independent

    • @Zoooooooooooo
      @Zoooooooooooo Год назад +3

      @@Shri100percent worst advice ive heard

  • @LBPHogan
    @LBPHogan 2 года назад +1

    You said colleges will not accept emancipation unless there is neglect. How do they know this since it seems they ask for a court order vs describing why you were emancipated? It is like saying you are married but how strong is that marriage. I can see them asking for various documents like bank and credit card statements, tax return, pay stub, etc but specifically neglect?
    Also, good info on the impact of parental income when deciding dependent vs independent but how many families make $30,000 to $35,000 per year? This may not apply to many viewers unless your audience is atypical.

    • @edzamoracollegeprepchannel3820
      @edzamoracollegeprepchannel3820  2 года назад +1

      For any type of independences from needing the parents income and assets they are going to want a lot of documents they will not just accept emancipation

  • @pacamishuri4516
    @pacamishuri4516 10 месяцев назад

    the thing is i dont have me oarents whith me and i have uncles whith ,me but not related

  • @alexandriahales7574
    @alexandriahales7574 Год назад

    Hi, I am 21 about to be 22. I live in my parents home. I’ve had a job since sophomore year of high school. I’ve had a full-time job since my junior year of college. All of my bills are paid by me. I am finishing my bachelors taking a year off and when I applied for School again, I’ll be applying for my masters since since that makes me a graduate student should I claim myself as independent on FASFA if I am also going to claim myself as independent on my taxes?

  • @paolavega1503
    @paolavega1503 Год назад

    Hello, I got married and live with my spouse, how would that affect me?

  • @safarikipata2548
    @safarikipata2548 2 года назад +3

    Hey I’m 22 years , my parents passed away . How do I fill out my FAFSA?

    • @edzamoracollegeprepchannel3820
      @edzamoracollegeprepchannel3820  2 года назад

      Sorry for your loss. You would fill out the forms as an independent student.

    • @safarikipata2548
      @safarikipata2548 2 года назад +1

      @@edzamoracollegeprepchannel3820 but it still asking for parents information.

    • @Shri100percent
      @Shri100percent 2 года назад

      @@safarikipata2548 hey I had an idea that might help you - get "married" to a friend. Idk if gay marriage is legal where u live but it could be your best friend and also just someone else. If u both are broke it'll be easier to file your taxes. But also you need to get a handle of all your parents finances. Talk to uncles and auntys so that you can correctly assess their situation and how you can transfer it to your name. But maybe you shouldn't and just file your taxes with only what you earn. Best of luck hopw this helped.

    • @blacklamp708
      @blacklamp708 Год назад

      @@Shri100percentdon’t listen to this person

  • @angelarobinson9572
    @angelarobinson9572 2 года назад

    If I am an independent student and was working in. High school but not gonna work as a freshman in college would I qualify for full ride for school or because I don’t have an income any longer would I still be required to pay

  • @alondrixx9172
    @alondrixx9172 2 года назад +1

    Hi, I had a baby recently (4months old) and I have 21 years old and they told me I have to claim as Independent but there’s a question that says that, we don’t need to put our parents income information but it also says you may want to answer questions about your parents if you are a law school or health profession student such as (medical or nursing student) and then it ask would you like to answer a question about your parents? What should I do so it doesn’t affect my financial aid?

    • @edzamoracollegeprepchannel3820
      @edzamoracollegeprepchannel3820  2 года назад +1

      If you are able to file independent it's usually the best way to file

    • @dee_634
      @dee_634 2 года назад

      @@edzamoracollegeprepchannel3820 hello, so do we put in our parents information or choose not too? I’m going to be a nursing school student in January and i wanted to know the best option for me. Thank you.

  • @Itssniyaabby
    @Itssniyaabby 11 месяцев назад

    Hey I have a question ?

  • @compean5
    @compean5 2 года назад

    Hi, My son is 20 years old and receives SSD benefits. He pays a set amount a home on a monthly basis for rent and bills. Does he count as independent or do I have to put our information in the FAFSA application?

  • @trvnq
    @trvnq Год назад

    8:00

  • @amakabby1734
    @amakabby1734 Год назад

    What if I’m applying as independent without an income? I’m struggling on that bit when it’s comes to the FASFA FORM

    • @cnemenzo1122
      @cnemenzo1122 Год назад

      Same question!

    • @jumpers500
      @jumpers500 Год назад

      ​@@cnemenzo1122I'm on that question right now and that question always bugs me.

  • @greenlanturn0079
    @greenlanturn0079 2 дня назад

    > my parents make way more than 35K
    > parents give you the finger for financial aid because theyre still paying off THEIR loans
    >become independent regardless

  • @Lorreine.222
    @Lorreine.222 6 месяцев назад +1

    What the ever loving fuck of a world bruh.

  • @ryanneumeyer5553
    @ryanneumeyer5553 2 года назад +1

    Thank you for the video! Roxbury High School Class of 2024

  • @Savage22223
    @Savage22223 Год назад

    Hey I have a question

  • @SSModi852
    @SSModi852 5 месяцев назад

    Don't work, enjoy your life, get food stamp, free housing, free education and sympathy. There is lot of incentives to not work.

  • @alexandriahales7574
    @alexandriahales7574 Год назад

    Hi, I am 21 about to be 22. I live in my parents home. I’ve had a job since sophomore year of high school. I’ve had a full-time job since my junior year of college. All of my bills are paid by me. I am finishing my bachelors taking a year off and when I applied for School again, I’ll be applying for my masters since since that makes me a graduate student should I claim myself as independent on FASFA if I am also going to claim myself as independent on my taxes?