FAFSA Dependency Status 3

Question 1

A graduate or professional student is automatically classified as which type of student?

Accepted Answer

Independent

Answer

Dependent

Answer

Conditionally independent

Answer

Requires parental data

Question 2

Which parent's income is reported when a student's custodial parent has remarried?

Accepted Answer

The custodial parent and stepparent's income

Answer

Only the biological parent's income

Answer

Both biological parents' income

Answer

Only the stepparent's income

Question 3

A student who was in foster care after age 13 is classified as:

Accepted Answer

Independent

Answer

Dependent

Answer

Conditionally dependent

Answer

Requires special circumstances form

Question 4

What is the income threshold used in the simplified needs test that may exempt a family from reporting assets?

Accepted Answer

$50,000

Answer

$30,000

Answer

$60,000

Answer

$75,000

Question 5

If a dependent student's parents were never married, which parent's information is reported?

Accepted Answer

The parent the student lived with most in the past 12 months

Answer

The father's information

Answer

The mother's information

Answer

Both parents' information is required

Question 6

An orphan whose parents are both deceased is classified as which type of student?

Accepted Answer

Independent

Answer

Dependent

Answer

Conditional

Answer

Special review required