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I'm still a little confused on how the process works with showing financial need when you are working full time. My FAFSA shows that I have a decent salary, but I'm single and so that obviously will go away once I start school - my salary will be $0 haha. Do schools automatically account for that? Do I need to contact admissions/financial aid to clarify it?
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Hi Leah M B- They do consider the future loss of income as a part of calculating financial aid. You will have to contact financial aid at the school though, as they may have a form for you to fill out. Good luck!
@acsimon699 said:
I think they do, but your should contact admissions anyways. One thing is that I presume you’re not a dependent, and so that will significantly affect (I.e., lower) your expected contribution.—A.c.S
Yes, I should have clarified. I'm 33, so over the 30+ threshold for dependency that most schools factor in.
I think they do, but your should contact admissions anyways. One thing is that I presume you’re not a dependent, and so that will significantly affect (I.e., lower) your expected contribution.—A.c.S