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  1. #1
    Join Date
    Oct 2010
    Posts
    2

    Exclamation What is Emancipation for the Purposes of FAFSA

    Hello, maybe I should start my own thread, but this one already fits. I'll start out by giving some details. I'm nineteen and live without the assistance of my parents, financially or otherwise. I have very little to no contact with my parents. I support myself and am not seeking some sort of welfare aid or anything like that. What I'd like to accomplish by being emancipated is to have my FAFSA reflect my own income, roughly 25K a year instead of my parents 80K + income. Since my parents aren't paying any of my college bills or any of my other bills I feel this is only fair. My girlfriend was talking to a financial person where she attends college and he mentioned students in the past in similar family situations who had become emancipated to get more aid. I've been doing some research on my own but haven't had much luck finding if its possible for someone who isn't a minor anymore become emancipated in the sense that my income is reflected rather than my parents without waiting til I'm 24 or getting married or any of the other stipulations. I realize that upon turning 18 I became emancipated but I'm just trying to figure out if theres anything I can do to get myself some financial aid for school. My expected family contribution for my college cost is 15k a year, and the only aid I get is some Stafford loans. I need aid that fits my actual financial situation.

    I guess i should also add in reference to my previous post. If gettting a petition of emancipation and following through with that process isn't the correct action to accomplish my goal what is?

  2. #2

    Default Re: Can I Get Emancipated if I Am Financially Stable

    Emancipation for removal of disabilities of a minor (a person under 18 who wants to be legally recognized as an adult) is different than emancipation for financial aid purposes. Regardless of what your FAFSA turns out to be, it's the SCHOOL itself who determines if you'll fit the criteria for financial emancipation in regard to potential aid qualification. For example, if you're 19 and your parents are millionaires, according to your FAFSA, you and your family would be expected to pay 100% of costs, based on FAFSA. BUT...if you can show the school that you've received NO financial support from your parents because they threw you out at 18, they haven't claimed you on their taxes, etc.,, and that situation has lasted long enough to satisfy the school, then it's within the SCHOOL'S ability to award financial aid accordingly (including qualifying you for student loans as an independent student), going outside what FAFSA formulas automatically generate. In other words, the emancipation process addressed in this thread isn't applicable to your situation, which needs to be handled one on one with a financial aid counselor at your school - as that's the person who will determine if FAFSA guidelines need to be circumvented due to your actual circumstances.

  3. #3
    Join Date
    Oct 2010
    Posts
    2

    Default Re: Can I Get Emancipated if I Am Financially Stable

    Thanks, that's exactly what I needed to know.

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