ok, I'm confused

Started by BlackPuma
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BlackPuma

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do we include our parents info on FAFSA or not? I'm the kind of pple who feel that it might be used against me.....I really don't expect a single cent from my parents...and I dont understand why it should be a factor?

could you also list the schools please that REQUIRE us to including our parent's info...

one friend said, Yale is mandatory, is that true?

ok so add to the list....if one of my schools is in that list, then I guess I have to add my parents info to it as well...

Yale
 
the most reliable info will be found in your MSAR. You should include your parents info so as not to exclude you from the individual school's aid. Fafsa will ignore it, as well as schools that don't require it.

hope this helps

the mSAR has a great chart for each school and what they need and when it's due..i think ch. 8?
 
Watcha, I really don't have the energy to do this again! where've you been, man? Do a search for FAFSA, and EFC and read the recent threads. You'll get all the info you need. Bottom line is you do have to give your parents' info, but the feds won't use it, only the individual schools. So you'll get all the Stafford loans you need, but depending on your parents' income/assets, may not be eligible for as much (or anything) from individual schools in scholarships/grants/loans.

And Dr. Foxy's right, all the best info is in the MSAR!! 🙂
 
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•••quote:•••Originally posted by SMW:
•Watcha, I really don't have the energy to do this again! where've you been, man? Do a search for FAFSA, and EFC and read the recent threads. You'll get all the info you need. Bottom line is you do have to give your parents' info, but the feds won't use it, only the individual schools. So you'll get all the Stafford loans you need, but depending on your parents' income/assets, may not be eligible for as much (or anything) from individual schools in scholarships/grants/loans.

And Dr. Foxy's right, all the best info is in the MSAR!! 🙂 •••••hehe 🙂 oh please :clap: 😛 ....can someone please bump up that thread.... 🙁 oh and what the heck is EFC?

so what happens if schools require it and I dont suppply it? 😀
 
•••quote:•••Originally posted by WatchaMaCallit:
•hehe 🙂 oh please :clap: 😛 ....can someone please bump up that thread.... 🙁 oh and what the heck is EFC?

so what happens if schools require it and I dont suppply it? 😀 •••••Oh, OK! 🙄

EFC is Expected Family Contribution, but it's misleading when applying to med school because we're considered independant, so the family=you (+spouse if there is one).

If schools require it and you don't supply it, you won't be considered for any of the aid they offer, even if it's not need-based.
 
•••quote:••• so what happens if schools require it and I dont suppply it?
••••A: then you will get zero help from your school money wise

EFC is expected family contribution, but the family is only you and your spouse if you have one, not your parents

seriously just do a search, there are so many threads on this
 
To summarize really quickly...

Although you will be a grad student, and in most cases should be considered independent (ie, independent from your parents), different guidelines govern health professions graduate programs. YOU SHOULD include your parents' info. on your FAFSA and other school-based financial aid paperwork because that will increase your eligibility for grants and scholarships. Including this information will not hurt you, it can only help you.

If you choose not to include your parents' info -- some schools may actually require it and may not continue processing your financial aid paperwork until you have supplied it. Other schools will process your financial aid package, but will not consider you for many types of grants and scholarships as a result.

EFC is the Expected Family Contribution -- ie, the amount of money that you should be able to contribute each year to your tuition and living expenses. Even if you don't have this money, that's fine because you can get loans for it.
 
Thanks guys...that summary was really good 😀

SMW girl, dont you dare roll your eyes at me :wink: :clap: 😛

So why all the confusion...I dont understand why the other thread reached page 2?....u guys explained it wonderfully