Indepedent Status Yet?

Paying for College
1

<p>Hello, I have been looking over the requirements for aid and I'm hoping you can verify my conclusions here. Thanks!</p>

<p>I was born 12/28/1991, so I meet the age requirement for dependence starting next year as I will be turning 24 next year.
I went to college for two years, no help from parents. While my EFC was based on my parents income, they still wanted me to be "on my own" so I took out loans that I'm currently paying off with odd jobs, playing music, etc. </p>

<p>I lived on my own on and off for a while renting rooms but ended up back in my Dad's house this year. I was hoping that since I'm turning 24 next year I'll be eligible for independent status and hopefully get back in school with a lower EFC when I apply for FAFSA on Jan, 1st. My income will be below 6,000 this year and I will continue to work while back in school but I am hoping that I am correct in my prediction that I will be able to claim independence and receive more aid than before.</p>

<p>Can someone verify my conclusion please? And if it is incorrect I would like to know why.</p>

<p>Thanks!</p>

2

<p>You must be born before 1/1/91 to be considered independent due to age for the 2014-2015 academic year.</p>

<p>Unfortunately, you will need your dad’s income info for this year. If you wait another year, you will not. If you intend to apply in January 2015 for the 2015-2016 academic year, yes - you will be independent.</p>

3

<p>Thank you!! Yes, I have postponed my education until the 2015-2016 academic year for this. That will be when I start back. </p>