Being a single parent family it is often found that financial assistance will be required. This is often used to cover many costs, whether it be schooling or the household upkeep or even for mortgage payments. The money that is provided will often be used as way of the supporting the child therefore all financial aid will be there to help the single parent in providing for their family.
If you are a single parent it is wise to realize that you do not always have to do it on your own. Even if you feel that you are a good parent to your child. There is no need for you to feel that you have to bare the weight of everything on your shoulders, especially financially. Just because you can show yourself to be busy on all aspects and are able to look after your family alone does not mean that you have to.
Being a single parent is not always about the relationship that you have with your kids, it is primarily about this but if needed you can get financial help.
Often it found that financial complications arise in single parent families when the parent has to try and pay for their college education. There are structures in place that will provide you with financial aid to help cover such bills.
There are a number of policies that help to determine the level of financial aid for single parents, these can often be very confusing. This article will help to guide you over the process.
In case you do not know, the custodial parent is the one with whom the child, specifically a student, has lived the most in the span of the twelve months that have already passed.
Once the student admits that she or he did not live with one parent more than the other parent then the one who has provided the most financial support over the past year will be the one that will have to fill out the fafsa.
Another situation that may arise would be if the student lived with each parent for the same amount of time and if each parent also provided the same level of financial assistance then whichever parent who will claim the student for the purpose of income tax should be the one who will fill out the fafsa.
One point that should never be forgotten is that any child support or alimony that’s been received from a non-custodial parent should always be included in the fafsa.
It may be to late to bring this up but as this article has mentioned it on a number of occasions now, Fafsa is an acronym that provides free application for federal student aid. Now that you understand this it will help you should be able to understand more every time you read about acronym fafsa.
If is very rare that the federal government will put the assets or income of a non custodial parent into consideration, this is especially true when the students financial needs are being assessed.
In case you may not have know, a large number of private colleges will take into consideration the income and asset of a non custodial parent even if she or he chooses not to be included in providing financial assistance to the cost of the college fees.
This said colleges will be more than likely to ask for supplemental financial aid from any non custodial parent. Having said this the aid will do a lot in altering the aid that is awarded to the school. Though this will not be federal or states responsibility.
Still, there are special cases wherein a number of private colleges will waive the requirements for non-custodial information. There is, however, a criterion that has to be met so that a certain single parent household will not be automatically qualified for a waiver.
If the non-custodial parent is unable to be located then the assumption would be made that it would be almost certain that the parent has made no form of child support payment within the recent months. This will also help in providing an indication that this parent has not been consistent in making financial support payments to the child over a period of time.
Then if the separation or the divorce has happened in the past of the past, which means it was really a long time ago, then it is highly reasonable to expect a provision from that non-custodial parent.
And last of all, if the said non-custodial parent has a history of neglect or of abuse either with the child or with the other parent.
Mainly court records will be examined as a way to help document the necessary criteria. You should now be aware that the above criteria will need to be fully documented in a clear and concise way so that all the information can be provided in regards to the non custodial parent.
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