Dependency Status Flashcards
6 cards from real FAFSA practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 6 Dependency Status flashcards as text
A graduate or professional student is automatically classified as which type of student?
Answer: Independent
All graduate and professional students are automatically classified as independent on the FAFSA.
Which parent's income is reported when a student's custodial parent has remarried?
Answer: The custodial parent and stepparent's income
If a custodial parent has remarried, both the custodial parent's and stepparent's financial information must be reported on the FAFSA.
A student who was in foster care after age 13 is classified as:
Answer: Independent
Students who were in foster care or a ward of the court after the age of 13 are classified as independent on the FAFSA.
What is the income threshold used in the simplified needs test that may exempt a family from reporting assets?
Answer: $50,000
Families with an AGI of $50,000 or less may qualify for the simplified needs test, which excludes assets from the SAI calculation.
If a dependent student's parents were never married, which parent's information is reported?
Answer: The parent the student lived with most in the past 12 months
For never-married parents, FAFSA requires the information of the parent with whom the student lived most during the past 12 months.
An orphan whose parents are both deceased is classified as which type of student?
Answer: Independent
Students whose parents are both deceased are classified as independent on the FAFSA, as they have no parental financial support.