Both Parents Required to Complete FAFSA- A Comprehensive Guide for Married Couples

Do both parents fill out FAFSA if married?

In the process of applying for financial aid for college, many families often have questions about the FAFSA (Free Application for Federal Student Aid) form. One common question is whether both parents need to fill out the FAFSA if they are married. The answer to this question depends on several factors, including the family’s financial situation and the student’s dependency status.

Understanding Dependency Status

The first thing to understand is that the FAFSA determines a student’s dependency status based on several criteria. Generally, if a student is under the age of 24, unmarried, and does not have children or dependents, they are considered dependent. In this case, both parents’ financial information is required on the FAFSA form.

Married Parents and FAFSA

If both parents are married, they must fill out the FAFSA unless one of the following exceptions applies:

1. The student is considered an independent student: This can occur if the student is married, has children or dependents, is a veteran, or is a graduate or professional student. In such cases, only the student’s financial information is required on the FAFSA.

2. The parents are separated or divorced: If the parents are separated or divorced, the parent with whom the student lived the most during the past 12 months must fill out the FAFSA. If the student lived equally with both parents, the parent who provided the most financial support or would have provided the most if living arrangements were different must fill out the FAFSA.

3. The parents are remarried: If the parents are remarried, the stepparent’s financial information is required on the FAFSA, even if the student does not live with the stepparent.

Financial Information Required

When both parents are married and the student is considered dependent, the following financial information is required for each parent:

1. Social Security number
2. Date of birth
3. Federal income tax returns (if applicable)
4. W-2 forms (if applicable)
5. Records of untaxed income (if applicable)

Conclusion

In conclusion, if both parents are married and the student is considered dependent, they must fill out the FAFSA. However, there are exceptions based on the student’s dependency status and family circumstances. It is essential for families to carefully review the FAFSA guidelines and consult with financial aid advisors to ensure they complete the form accurately and maximize their chances of receiving financial aid for college.