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What Grant options are there for students, rather than student loans that have to be paid back? My 18 year old sister in law lives with us and is struggling to finish her associates degree (following running start in high school). She'd like to go on to a 4 year degree, but is taking the next 2 quarters off to save up so she can pay up front for her last quarter.
Her parents have claimed her on their taxes. Dad collects unemployment so they need as many write offs as possible so as not to to have a big tax bill. Mom is delinquent on her student loans for the previous kids, so getting loans for her to finish up school has been an issue.
My question is how does she, and the two youngest kids who are rapidly approaching college age, qualify for grants, and what grants are out there for her to apply for? I know virtually nothing about the student loan process, so any bit of advice would be appreciated.
Have they applied for Pell Grants?
http://www.ed.gov/programs/fpg/index.html
If she lives with you and you are supporting her, you should be taking the tax deduction, not her father.
She needs to read the financial aid page of her college and do a FAFSA application.
It's my understanding that you don't really apply for Pell Grants, they're just offered based on your FAFSA, right? The FAFSA thing with her parents has been a mess. She moved in with us last summer after she graduated high school, so her parent's claimed her on their '08 taxes. She then attended fall and winter quarter at the community college which her mom helped pay for (at the sacrifice of other bills, which is another mess in and of itself). It's my understanding that the FAFSA thing with her mom is basically an impossibility because of the other defaulted student loans. Honestly, her mother is pretty uncommunicative about it so I really don't know.
Her brother and I don't support her, other than to provide a free roof over her head. She helps pay for groceries and utilities, pays all her own car expenses, etc. She has a decent job for her age making about $1200 a month. Her parents won't legally be able to claim her as a dependent next year for '09 taxes, and we don't plan to either.
With her income will she be able to qualify for grants once she's filling out her FAFSA as an independent? Do grants cover living expenses as well, or will she be stuck balancing school and full time work? In the mean time, is there anything she can do to get aid for summer or fall quarter? She only has one quarter left before she can move onto a 4 year degree. Are there other grants she can research? If she could get grants for school rather than loans she has to pay back it would really give her the leg up that she hasn't gotten from her parents.
You do have to apply, in that you need to fill out the paperwork. The fact that her parents claim her, have low income is to her advantage.
She should contact the financial aid counselor/office at her school or the intended school for more info. They can help with all the info, paperwork, etc.
As long as the borrower is not in default, she is clear for aid. Doesnt matter what other family members have done.