Your dependency status (i.e. dependent or independent) for financial aid purposes is based on federal criteria on the FAFSA application for the 2014-2015 academic year. You are an independent student for financial aid purposes if you meet any of the criteria for Independent Student status.
If none of the criteria applies to you, you are a dependent student for financial aid purposes. This means that your parents must provide their information on your FAFSA. By providing their information, it does not mean that they are obligated or responsible for your educational expenses. It does mean that their information will be used to determine your financial aid eligibility. You can view this video for more information about your dependency status.
The following conditions do not make you an independent for financial aid purposes:
Unable to provide parent’s information:
In extreme circumstances (e.g., abuse, abandonment, etc.), you may be able to submit your FAFSA without your parent’s information. Madison College is able to make dependency overrides on a case-by-case basis for students with these documented circumstances. In order for the Financial Aid Office to make this determination you must:
The Financial Aid Office’s decision about your dependency status will be communicated to you after review of the documentation submitted. This decision is final and cannot be appealed to Madison College or the Department of Education.
Parent’s refuse to provide their information
If your parents no longer provide any support for you and refuse to file the FAFSA, you can only be considered for Unsubsidized Stafford loans only. You must:
Questions? Visit askMadisonCollege to view frequently asked Financial Aid questions, submit a Financial Aid Category question, access the Financial Aid Tutorials for step-by-step instructions on related processes, or contact Madison College Financial Aid at (608) 246-6170.