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College Financing

Started by Ref, Sep 06, 2008, 03:02:06 PM

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MixedBag

say OD decided to come live with you when she graduates in May -- and then you all fill out the FAFSA form.

the form requires that dad and step-mom fill out and disclose your income, period.  There's no way around it.

If OD stays with her mom, it's MOM's household info that gets used -- nothing from dad, period.

Federal rules use household income.

Child support rules use parental income.....and some state (like NV!) use the step-parent's income as well as an available asset to the bio-parent (NV-community property state).  I don't know what the judge would have done if we had filed separately and I refused to disclose my income.......and I find it ironic that he didn't acknowledge my responsibilities (3 children....) oh well, water under the bridge, right?






lucky

Maybe I am wrong, but that was several years ago.  Things change.


[em]Lucky

Lead your life so you wouldn't be ashamed to sell the family parrot to the town gossip.
- Will Rogers[em]
Lucky

Lead your life so you wouldn't be ashamed to sell the family parrot to the town gossip. ~  Will Rogers