I hate the FASFA.

[Orsorum]

Listen, I'm 21 years old and I've supported myself throughout my college years. I pay my own rent and I buy my own food. My parents' income is none of your business, as it has no impact on my ability to pay for college!

God, I hate this system.

Sorry, my rant is over. I'm not even sure P&N is the right place for this, but it seems most appropriate.

 

[digitalsm]

Yeah its a bitch you have to be over 23 for your parents income not to matter.

 

[Orsorum]

Originally posted by: digitalsm
Yeah its a bitch you have to be over 23 for your parents income not to matter.

2 more years. It's nice to have parents who can afford gifts from time to time, and who can afford to help out, but the calculations made by the FASFA system are ludicrous. I remember when I was a senior in high school and I used my mom's data; she made roughly $56k at the time, and they calculated her annual contribution to be $20,000. I laughed bitterly when I saw that, and I knew that I'd never even have work-study as an option.

 

[Zebo]

Originally posted by: digitalsm
Yeah its a bitch you have to be over 23 for your parents income not to matter.

Ya but then your income matters. ::Sigh:: can't win in the middle. Too broke to attend full time w/o working but too "rich" to get any help.

 

[Darkhawk28]

Originally posted by: Orsorum
Listen, I'm 21 years old and I've supported myself throughout my college years. I pay my own rent and I buy my own food. My parents' income is none of your business, as it has no impact on my ability to pay for college!

God, I hate this system.

Sorry, my rant is over. I'm not even sure P&N is the right place for this, but it seems most appropriate.

There are ways to be considered "independent" when it comes to financial aid matters, but that's too detailed to go into considering I don't know your situation with your parents.

 

[Orsorum]

Originally posted by: Darkhawk28
<blockquote>quote:
<hr><i>Originally posted by: <b>Orsorum</b></i>
Listen, I'm 21 years old and I've supported myself throughout my college years. I pay my own rent and I buy my own food. My parents' income is none of your business, as it has no impact on my ability to pay for college!

God, I hate this system.

Sorry, my rant is over. I'm not even sure P&amp;N is the right place for this, but it seems most appropriate.<hr></blockquote>


There are ways to be considered "independent" when it comes to financial aid matters, but that's too detailed to go into considering I don't know your situation with your parents.

I've claimed myself for the last three years.

 

[Darkhawk28]

Originally posted by: Orsorum
<blockquote>quote:
<hr><i>Originally posted by: <b>Darkhawk28</b></i>
<blockquote>quote:
<hr><i>Originally posted by: <b>Orsorum</b></i>
Listen, I'm 21 years old and I've supported myself throughout my college years. I pay my own rent and I buy my own food. My parents' income is none of your business, as it has no impact on my ability to pay for college!

God, I hate this system.

Sorry, my rant is over. I'm not even sure P&amp;N is the right place for this, but it seems most appropriate.<hr></blockquote>


There are ways to be considered "independent" when it comes to financial aid matters, but that's too detailed to go into considering I don't know your situation with your parents.
<hr></blockquote>

I've claimed myself for the last three years.

I'm not talking independent tax wise. They don't interpret "independent" the same way as the IRS.

 

[LordMagnusKain]

Originally posted by: Orsorum
Listen, I'm 21 years old and I've supported myself throughout my college years. I pay my own rent and I buy my own food. My parents' income is none of your business, as it has no impact on my ability to pay for college!

God, I hate this system.

Sorry, my rant is over. I'm not even sure P&amp;N is the right place for this, but it seems most appropriate.

until your 24, are a veteran, have a wife or child, or can work with your school to prove that you're not in anyway associated with your parents, you are, as a matter of fact, they should be paying that little 'EFC' number to you, ever year, to help you with school.

I laughed bitterly when I saw that, and I knew that I'd never even have work-study as an option

if your mom makes 56k and she's not contributing to your collage enough to pay for it then they don't care about you to do what a parent should. Honestly, you go on about having a mom that makes 56k a year and expect federal money to help you? A 56k income does not] come out to 20k EFC, something else is going on.

Too broke to attend full time w/o working but too "rich" to get any help.

Take out a Stafford or parent plus*what with having parents probably have some line of credit* loan.

What school do you think the government should be paying for you to attend costs more than your parents can get for you with the assistance now available? You are a middle class kid who deserves, and needs, nothing from the federal government in order to get a bachelors degree, unless your parents have disowned you, in which case you can file to prove it, an be declare independent.

by the time your to masters you can take out 18.5k a year in loans, if need be.

I don?t figure I deserve free money, but am grateful to you good taxpayers who help me. I do figure we should have available plenty of student loans, though, that are guaranteed by the tax-payers? if only to make sure that anyone with the smarts can go to collage. Discrimination between a degree that?s in need and one that?s completely useless may be in order. If you can't take out loans necessary to live and not work *and i mean subsist, not live your high-scale 56k a year lifestyle your used to* then we do have a problem that needs addressed.

I've claimed myself for the last three years.

like I said: prove you have no contact with your parents, become a veteran, have a child, or get married.

Or, for loans, show that your parent?s can?t take out a loan for you.

 

[CADsortaGUY]

Yeah, I disliked it too.

BTW - isn't it FAFSA?

CsG

 

[Zorba]

FAFSA is a POS. My mom was out of work for over 5 months last year and her net income was about 30K and the FAFSA said she should be giving 19K this year. Yeah right. The reason is because she has assets in the forum of a house we used to live in until she got her new job out of state and started renting the house and retirement plans that she can't touch.

 

[ArmchairAthlete]

Yea that thing said my dad was supposed to have all this money for school yet it just isn't there.

EDIT: Luckily I'm going to an already cheap, public school as an in-state student with a 2 scholarships though.

 

[LordMagnusKain]

Originally posted by: Zorba
FAFSA is a POS. My mom was out of work for over 5 months last year and her net income was about 30K and the FAFSA said she should be giving 19K this year. Yeah right. The reason is because she has assets in the forum of a house we used to live in until she got her new job out of state and started renting the house and retirement plans that she can't touch.

taking out a mortage inorder to pay for collage is more than fair.

she should have been saving you a collage fund.

what is up with you people thinking the government should fund every aspect of your life no matter how well off your family has been?

and it is sorry that it's off by 1 year, but if you can show she was out of work and thus didn't make her income then you can get special consideration.

I think it?s totally antithetical to the idea of helping the poor get out of that situation to take away federal aid for life for any drug conviction.

 

[Rob9874]

You should know, by reading posts on P&amp;N, that $56K is RICH!

 

[datalink7]

Yah, FAFSA is annoying. They give me loans based on my parents income. How does my parents income matter when they don't give me any money!? (Not only can they not afford it, but I want to support myself anyway).

And, in addition, it is a year off and my mom recently lost her job.

Oh well...

 

[LordMagnusKain]

How does my parents income matter when they don't give me any money!? (Not only can they not afford it, but I want to support myself anyway).

because they are supposed to, rightfully, help support you through collage until the age of 24, similarly you can?t be president t?ll the age of 35, and you?ll pay more for mandatory car insurance t?ll about 24 as well.

You can go through steps to ?divorce? your parents, or at very least prove you have no contact with them, otherwise they are supposed to budget to help you go to collage and as such you are not a welfare case.

And your ?pride? doesn?t mean you are deserve welfare either.

And, in addition, it is a year off and my mom recently lost her job.

you can take steps to prove that and have your EFC adjusted.

there are problems with the system, but that you whiney middle class kids aren?t welfare cases isn't it.

 

[datalink7]

Originally posted by: LordMagnusKain
<blockquote>quote:
<hr> How does my parents income matter when they don't give me any money!? (Not only can they not afford it, but I want to support myself anyway).<hr></blockquote> because they are supposed to, rightfully, help support you through collage until the age of 24, similarly you can?t be president t?ll the age of 35, and you?ll pay more for mandatory car insurance t?ll about 24 as well.

You can go through steps to ?divorce? your parents, or at very least prove you have no contact with them, otherwise they are supposed to budget to help you go to collage and as such you are not a welfare case.

And your ?pride? doesn?t mean you are deserve welfare either.

<blockquote>quote:
<hr> And, in addition, it is a year off and my mom recently lost her job.<hr></blockquote> you can take steps to prove that and have your EFC adjusted.

there are problems with the system, but that you whiney middle class kids aren?t welfare cases isn't it.

How is it welfare when I have to pay it back?

 

[Orsorum]

Actually, I have no need for any money from the government, what I want was to be eligible for work-study. And the EFC they calculated for my mom still boggles the mind.

 

[LordMagnusKain]

Originally posted by: datalink7
<blockquote>quote:
<hr><i>Originally posted by: <b>LordMagnusKain</b></i>
<blockquote>quote:
<hr> How does my parents income matter when they don't give me any money!? (Not only can they not afford it, but I want to support myself anyway).<hr></blockquote> because they are supposed to, rightfully, help support you through collage until the age of 24, similarly you can?t be president t?ll the age of 35, and you?ll pay more for mandatory car insurance t?ll about 24 as well.

You can go through steps to ?divorce? your parents, or at very least prove you have no contact with them, otherwise they are supposed to budget to help you go to collage and as such you are not a welfare case.

And your ?pride? doesn?t mean you are deserve welfare either.

<blockquote>quote:
<hr> And, in addition, it is a year off and my mom recently lost her job.<hr></blockquote> you can take steps to prove that and have your EFC adjusted.

there are problems with the system, but that you whiney middle class kids aren?t welfare cases isn't it.
<hr></blockquote>

How is it welfare when I have to pay it back?

The government both takes the risk of you defaulting and subsidizes the loan so that you get a mandatory low interest rate that the tax-payers foot the bill for.

And you can always have parents take out a parent-plus loan, which will actually be paid off. If they can?t get the loan then you can take out a Stafford loan for yourself that the government doesn?t pay interest for, but still guarantees and gets you a low rate on.

 

[smashp]

I dont see what the Big deal is, I was making 50K a year WHILE going to Night School for my last 3 years and I got Student Aid......

 

[Orsorum]

Originally posted by: smashp
I dont see what the Big deal is, I was making 50K a year WHILE going to Night School for my last 3 years and I got Student Aid......

I'm just looking for work-study eligibility. I'm really more pissed off that they require me to disclose my parents' income, when I'm 21 years of age.

 

[smashp]

Originally posted by: Orsorum
<blockquote>quote:
<hr><i>Originally posted by: <b>smashp</b></i>
I dont see what the Big deal is, I was making 50K a year WHILE going to Night School for my last 3 years and I got Student Aid......<hr></blockquote>

I'm just looking for work-study eligibility. I'm really more pissed off that they require me to disclose my parents' income, when I'm 21 years of age.

Is it Hard Finding a standard part time Job around your school that you need to resort to Work/study?

just curious.

 

[Orsorum]

Originally posted by: smashp
<blockquote>quote:
<hr><i>Originally posted by: <b>Orsorum</b></i>
<blockquote>quote:
<hr><i>Originally posted by: <b>smashp</b></i>
I dont see what the Big deal is, I was making 50K a year WHILE going to Night School for my last 3 years and I got Student Aid......<hr></blockquote>

I'm just looking for work-study eligibility. I'm really more pissed off that they require me to disclose my parents' income, when I'm 21 years of age.<hr></blockquote>

Is it Hard Finding a standard part time Job around your school that you need to resort to Work/study?

just curious.

Many of the positions around campus require that I be work-study eligible.

 

[Spencer278]

Did you even apply for the FAFSA and get denined?

I also think that the FAFSA is really messed up because it is based off how much assest a person has. Lets say I have 50K cash in my bank account if I buy a 50K dollar car I just reduced my assests by 50k. We will just ignore the other factors and assume that I would be eligble for aid with or with out the purchase.
with out the purchase my contribution would be 50K * 1/5 * 4 years. So if you want student aid just be as irrersponible with you money as you can be.

 

[Orsorum]

Originally posted by: Spencer278
Did you even apply for the FAFSA and get denined?

I also think that the FAFSA is really messed up because it is based off how much assest a person has. Lets say I have 50K cash in my bank account if I buy a 50K dollar car I just reduced my assests by 50k. We will just ignore the other factors and assume that I would be eligble for aid with or with out the purchase.
with out the purchase my contribution would be 50K * 1/5 * 4 years. So if you want student aid just be as irrersponible with you money as you can be.

lol I don't remember, I think I was declared ineligible for both work-study and student aid. Not sure, though. I have a scholarship which covers most of my tuition, so I've never had to apply for any new scholarships until recently.

 

[Infohawk]

I don't feel too bad for the original poster, but I still have problems with the implementation of FAFSA. The goal is to make sure rich parents aren't getting their kids educations paid for by taxes when more needy people want it.

It's a traditional conservative belief that your outcome in life is determined by your inherent merit. Well, I would be willing to accept that IF the playing-fields were level. The fact is, they're not. Certain people's parents are wealthy and their kids get a huge benefit. If America is going to be merit-based then we need to help kids from poorer families get equal educational opportunities. It's absurd to pretend like your parents are not a central role-player in any young person's financial situation.

Now for my gripe: people manipulate the system. (It sounds like the original poster wants to get out of it too). I have wealthy friends who, through mispreresentation or loopholes, make it look like they're poor when they are far from it. Then there are way too many middle-class families who bear the brunt because they report accurately.