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Concept
Dependency Status
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Summary
Dependency Status
refers to the classification used primarily in
Financial Aid
and
Tax contexts
to determine an
Individual's eligibility
for
Certain benefits
or responsibilities based on their
Financial reliance
on another person. It plays a crucial role in assessing whether a person is considered
Independent or dependent
, impacting the
Amount of aid
or
Tax Benefits
they can receive or claim.
Concepts
Financial Aid Eligibility
Tax Dependency
Independent Student
Dependent Student
Parental Support
Income Thresholds
Federal Student Aid
Tax Filing Status
Legal Guardianship
Household Size
Dependency Override
Parental Contribution
Financial Support Test
Parental Financial Information
FAFSA Form
Free Application For Federal Student Aid (FAFSA)
Relevant Degrees
Social Structure 40%
Social Welfare Systems 30%
Labor and Employment 20%
Public Health 10%
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