Should I answer questions about my parents on FAFSA for medical school?

On the FAFSA, answer “no” when you’re asked if you can provide information about your parents. You also should answer “no” when asked about special circumstances if you don’t meet those standards. Special circumstances include if your parents are in prison or if you don’t know where your parents are.

Do medical schools look at parent income?

Medical schools consider your financial resources, including any spousal income, in determining whether to extend a loan.

At what age do you not need your parents information for FAFSA?

24 or older
A student age 24 or older by Dec. 31 of the award year is considered independent for federal financial aid purposes.

Can you use FAFSA for med school?

The short answer is, yes. FAFSA® may cover some medical school expenses. The Free Application for Federal Student Aid (FAFSA®) can potentially help you get funds in the form of federal loans and grants for medical school expenses.

Why does the FAFSA ask for parents information?

Parent data is used on the FAFSA to determine your expected family contribution, or EFC, a term that can give the impression that parents are on the hook for costs. In reality, this is simply a measure of your family’s ability to pay that is used to determine the amount of need-based aid you are eligible to receive.

Should I skip parents assets questions on FAFSA?

Can I Skip FAFSA Questions About Assets? You can only skip FAFSA questions about assets if you meet the qualifications to do so based on your answers to other questions on the application. However, that’s only because your asset information at that point doesn’t affect your eligibility for federal student aid.

When should I fill out fafsa for med school?

The deadline for applying for financial aid is usually in early-mid May. Entering medical and pharmacy students who are accepted less than four weeks before the deadline, may submit the application four weeks after they have accepted the school’s offer of admissions.

Does Pell Grant apply to medical school?

This grant will assist those students who are interested in the field of medicine, but need financial assistance at the undergraduate level. The student should be enrolled in a program of study at least half time and be eligible for the Federal Pell Grant.

Does parents income affect FAFSA?

Dependent Students For the FAFSA, dependency is based on the federal government’s criteria, not whether the parent claimed the student as a dependent on last year’s tax return. Parent income does not affect financial aid at all for independent students.

Why is parent information required on FAFSA?