FAFSA on Grad school application

<p>Should my son be providing his financial information to the government, or our(his parents) financial information as we did for undergrad?</p>

<p>A Grad student is considered independent, so just his own information. </p>

<p>Federal aid for grad students is limited to unsubsidized loans.</p>

<p>Your son would complete his own FAFSA with just his information…for grad school. As Swimcatsmom noted…federally funded aid is limited to the Direct unsubsidized loans. I believe some schools offer work-study to grad students as well.</p>

<p>If your son is going to medical or law school, his SCHOOL might require parent financial info on the FAFSA. Some professional schools do.</p>

<p>

However, the loan limit is much higher for graduate students: $20,500 a year, & $138,500 aggregate. See [Applying</a> for Federal Direct Loans](<a href=“http://www.direct.ed.gov/applying.html]Applying”>http://www.direct.ed.gov/applying.html)</p>

<p>He is going for a Medical Physics Masters/PHD, would that require parental financial information? How can we tell from the application?</p>

<p>Thanks for replies.</p>

<p>You can ask the colleges…they will know!</p>

<p>Some universities (especially private or OOS public) may require parental financial information, but they use a form other than FAFSA to collect it. </p>

<p>Your son would need to check with the grad FA office at each school. </p>

<p>Whether or not there’s a requirement to provide parental financial info would not be on the application.</p>

<p>Check with the school’s financial aid department. I know that some professional degree programs (pharmacy and medicine) give subsidized loans and require parent information on the FAFSA to qualify.</p>

<p>Madison, I do not believe there are any longer subsidized loans for any grad programs. All are unsubsidized.</p>

<p>All loans for grad & professional school are unsubsidized. Unsub loans were eliminated in 2012.</p>

<p>i doubt that for a PhD parents’ info is needed at all. </p>

<p>Your son is now a household of 1 person…independent.</p>

<p>I think only med schools, law schools and maybe vet and dental schools might ask for parent info.</p>

<p>If your son is going for a PhD, then that will likely be fully funded by the univ…need is not considered.</p>

<p>One of my kids is in professional school and receives a subsidized loan.</p>

<p>It is Federal Title VII funding which requires parent information on the FAFSA since it is need-based.</p>

<p>Interest at 5% is not accrued until the student is no longer enrolled at least half-time</p>

<p>There are no Stafford subsidized loans at the post-undergrad level (although some 6 year professional programs, like pharmD, are able to keep their students as undergrads for part of the professional phase - but they don’t become independent due to grad/professional program then). If you kid receives a sub loan, it is Perkins or some type of health loan - not Stafford. There aren’t many schools that have Perkins for grad school, but they exist. The last school I worked at had a very limited amount of Perkins that was used for grad students.</p>

<p>Some schools also have FWS for grad students (we do).</p>

<p>^I did not say it was Stafford.</p>

<p>^^
What is it? </p>

<p>Stafford loans are now Direct Loans (altho we still call them Stafford loans because of familiarity.</p>

<p>Federal Title VII funding</p>