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livelaughlove21's avatar

Will moving away from home change my financial aid?

I’ve been in college for awhile and it’s been paid for by the Pell Grant and a Stafford Loan that I get by filling out my FASFA. Since I started school, I’ve been living with my parents and filing the application with their low income in addition to my own.

I recently moved out on my own with a roommate and I’d like to get all of my address information changed, including with the school. I already filled out my FASFA for this upcoming year with my parent’s information and my awards have been processed.

**Here are my questions:**

I hear that I have to use my parents’ tax information until I’m 25, whether I live with them or not. First of all, is that true?

Secondly, do you think they’ll give me less or more financial aid money when I put that I’ll be living away from home, or will it be the same?

Lastly, will it make a difference this year or will it wait until I have to fill out another FASFA to change, even when I change my address at the school?

I’m just worried that if I tell them I live away from home, they won’t pay for me to go to school. I can’t afford to pay out of pocket for it. I know I should ask financial aid, but they aren’t being very helpful.

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