If I am 24 but still live with my parents, would I be considered an independent?

Paying for College
1

<p>I am waiting until I am 24 before transferring to University since it is to expensive for me to afford. If I lived with my parents for the next two years and save money, I'll put a significant dent into amount needed to attend. However, if I am still living with my parents when I am 24 am I even an independent, or does it not matter?</p>

<p>Also, I am turning 24 in 2014, but I will not be 24 by the date of filing the FAFSA or the first day of school, but I have seen some information that states turning 24 in the year of attendance qualifies you.</p>

2

<p>For FAFSA you are considered independent at 24.</p>

<p>

[FAFSA</a> and the Independent Student - Fastweb](<a href=“Federal Financial Aid and the FAFSA Independent Student | Fastweb”>Federal Financial Aid and the FAFSA Independent Student | Fastweb)</p>

3

<p>It doesn’t matter if you live with your parents … if you are independent due to age, you are considered independent for financial aid purposes.</p>

4

<p>Freaking awesome! Moving out I’ve have less savings and would need to take out another $4,000 in loans to cover what I would be deficient in.</p>