The College of St. Scholastica

Financial Aid Estimators

Financial Aid Estimators

Q: What is the purpose of the Financial Aid Estimator??

A: This information will be used to estimate your eligibility for student financial aid for the 2009-2010 school year. It will give you some early financial aid information to help you see how much aid you may qualify for. Please remember, however, that it is just an estimate.

The Free Application for Federal Student Aid (FAFSA) that you will eventually complete collects a great deal more information with more detailed instructions than this early estimator. If your financial circumstances are unusual or complicated, please contact us to find out how to complete this form and still receive an accurate estimate.

Completing the Financial Aid Estimator

First you will need to decide which estimator to use, the one for dependent students or the one for independent students. Once you have determined which estimator is right for you, simply click on the correct link below, print out the estimator, fill it out and send it to the address listed on the estimator.

You are a dependent student if:

You are a U.S. citizen (or permanent resident) who is a single student and is dependent on your parent(s) for support. According to federal regulations, you are dependent on your parent(s) if you can answer "no" to all of the following statements.

  • You were born before Jan. 1, 1987.
  • You are an active-duty member or a veteran of the U.S. Armed Forces.
  • You will be a graduate or professional student in 2010-2011.
  • You are married.
  • You are a ward of the court (or were until age 18) or both of your parents are deceased.
  • You have legal dependents (other than a spouse) and provide more than 50% of their support.

 

You are an independent student if:

You are a U.S. citizen (or permanent resident) who is independent of their parents for support. According to federal regulations, you are independent if you can answer "yes" to one or more of the following statements.

  • You were born before Jan. 1, 1987.
  • You are an active-duty member or a veteran of the U.S. Armed Forces.
  • You will be a graduate or professional student in 2010-2011.
  • You are married.
  • Both your parents are deceased, you are an emancipated minor, you are in legal guardianship, or after your 13th birthday you were in foster care, a ward of the court or legally adopted.
  • You have legal dependents (other than a spouse) and provide more than 50% of their support.