Who fills out FAFSA when parents are divorced is a common question among students and their families. The answer to this question can significantly impact financial aid eligibility and the overall college funding process. Understanding the rules and guidelines surrounding this issue is crucial for ensuring that students receive the financial assistance they need to pursue their higher education dreams.
Divorce can complicate the financial aid process, especially when it comes to determining who should fill out the Free Application for Federal Student Aid (FAFSA). Generally, the parent with whom the student lives the most during the previous year is considered the “custodial parent” and is responsible for completing the FAFSA. However, there are exceptions to this rule, and it’s essential to consider various factors when determining who should fill out the FAFSA.
First and foremost, the custodial parent is typically the one who has physical custody of the student for more than half of the year. If the student lives with one parent more than half the time, that parent is considered the custodial parent. In cases where the student splits their time evenly between both parents, the parent who provided more financial support during the previous year is usually the custodial parent.
In situations where the parents are divorced, the following guidelines can help determine who should fill out the FAFSA:
1.
If the student lives with one parent more than half the time, that parent is the custodial parent and should fill out the FAFSA.
2.
If the student splits their time evenly between both parents, the parent who provided more financial support during the previous year is the custodial parent and should fill out the FAFSA.
3.
In cases where neither parent has custody of the student for more than half the year, the parent who claims the student as a dependent on their taxes is considered the custodial parent and should fill out the FAFSA.
It’s important to note that if a student’s parents are divorced, they may need to provide additional information on the FAFSA, such as the Social Security numbers and dates of birth for both parents. This can be challenging, especially if there is a significant amount of conflict between the parents. In such cases, it’s advisable to consult with a financial aid advisor or an attorney to ensure that all necessary information is provided accurately and in compliance with federal regulations.
Understanding who fills out FAFSA when parents are divorced can help streamline the financial aid process and ensure that students receive the appropriate financial assistance. By considering the factors mentioned above and seeking guidance when needed, students and their families can navigate the complexities of financial aid and make informed decisions about their college funding options.
