Need to file FAFSA?

[hyperjulie]

Hello,

I saw a couple of questions in this regard, so I was curious. Do we need to file a FAFSA for graduate school, or is this only if the school specifically requires it?

Secondly, I'm applying for a fellowship that I know is partially based on need. Although it does not require that you fill out your parental income, should I do so if my mom makes very little (and is my only legally recognized parent, although I really have two), or should I just include my own small summer and semesterly income?

Thanks!

[AKAindie]

If your mother claims you on her taxes then it is wise to include her income. However, if not, just yours will suffice. Secondly, usually graduate programs do not ask you to full out FAFSA because funding usually come from other sources vs directly from the government. Do not fill out the FAFSA unless the school says that you should do so specifically. All the best on your applications. Hope they're all in by now!

[rising_star]

ALWAYS fill out the FAFSA. Otherwise, you're not eligible for student loans (which, even if fully funded, you might need to buy a vehicle, pay off your moving expenses, or in the event you get sick).

Don't include your mom's income. Everyone is considered an independent student when it comes to graduate school.

[wasistdas]

there is no reason not to fill out a FAFSA. Aside from the huge factor of loans as rising_star said, most schools have some aspect of need based aid. That need is assessed by the numbers represented in the FAFSA. It takes all of 15 minutes to complete (as long as you have filed your 2011 Federal Income Tax), and you can have it automatically sent to 10 schools I believe.

Also important is to get it in as early as possible, as need based aid is a pot that shrinks year after year and is generally disbursed early on in the process. Or you could not do it and just leave more for me