Are all PharmD students considered "independent" in terms of FAFSA?

endlesslove

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my pre-pharm friend and i are filling out our fafsa and we want to make sure we're doing it correctly--it said because we answered yes to at least 1 of the questions in the "student status" section (yes to will be working on a doctorate program in 2005-2006), we are now considered "independent"....even tho our parents still claim us on their taxes...is everybody in the pharmd program considered independent??

in undergrad, i was always a dependent. what does this mean to me in terms of how much financial aid i'll be getting? no more EFCs (expected family contribution)? the friend said that the pharm schools MAY POSSIBLY use the EFC to determine if you get a scholarship/grant or not.
 

Trancelucent1

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You are considered independent if you are 25 years of age OR you have a bachelors and are in school working towards your post-baccalaureate degree. I am still too young but since I have my bachelors I am considered independent. UF told us that after your first year of professional school regardless of whether you have your bachelors or not your are considered independent. Bbmuffin you might want to look into this! Good luck
 

Glycerin

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Trancelucent1 said:
You are considered independent if you are 25 years of age
It's actually 24. ;)
 
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endlesslove

endlesslove

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Trancelucent1 said:
You are considered independent if you are 25 years of age OR you have a bachelors and are in school working towards your post-baccalaureate degree. I am still too young but since I have my bachelors I am considered independent. UF told us that after your first year of professional school regardless of whether you have your bachelors or not your are considered independent. Bbmuffin you might want to look into this! Good luck
so what does this mean in terms of the type of financial aid (scholarship/loans/grants)??
 

dgroulx

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endlesslove said:
so what does this mean in terms of the type of financial aid (scholarship/loans/grants)??
It means you are better off, because they will not look at your parent's income. Everyone can get the maximum financial aid, but if your income is low your loans will be subsidized so you don't accumulate interest while you are in school.
 

vafcarrot

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You are also independent if you're married.
 

bananaface

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It depends on the school too. Some schools mark certain years of the degree as "undergraduate" whereas others consider it to be entirely graduate work. The type of tuition you are paying should give you some idea which category you fall into. But, it is probably best to contact your school's financial aid office if you are unsure. One of my classmates selected the wrong option last year and had to resubmit her FAFSA, resulting in a delay in aid.
 

tanyas

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endlesslove said:
so what does this mean in terms of the type of financial aid (scholarship/loans/grants)??
Now, don't quote me on this....call Alyson or Jesse in financial aid instead.....i am at USC too, and had the same question last year. In order to be eligible for certain need-base scholarships, you have to fill out the parent section on fafsa and you have to mail USC the parent information form. If you dont want to be eligible for those scholarships, all you have to fill out is your portion on fafsa. Lesson: last year, I filled out both mine and parents, but i didnt get any scholarships anyways. The amount of loans you will get will depend only on your FAFSA part, plus I think everyone gets the same amount anyways, it's just depending on what your budget is.