FAFSA and tax questions

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artist27

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I usually file my taxes as dependent on my parents, however this year I am working full time and pay bills etc even though I live with my parents. I am planning on filing as independent this year.

For fafsa, it asks how many people are in my household, how many people are in my parents' household, etc. What do I put for this answer? How many people are physically living in our house, or how many people I support? How many people my parents support?
Me, my two brothers, and my parents all live together however my brother files as independent too, and we both pay bills.
I am just really confused what to put down, and if it even affects how much aid I will get anyways.
 
When putting in your parents' information, you list the number of people living in their home. This will actually help you, since it shows that their resources are more stretched, which decreases the expected parental contributing and increases your need.

Your parents' finances have no impact on your eligibility for Stafford and Grad PLUS loans. They will impact your eligibility for need-based scholarships and grants.

Read: HomeSkool's Guide to Financing Your Medical Education
 
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