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This form is designed for dependent students whose parents are divorced, separated, or widowed to clarify the division of income reported on their financial aid application, based on the information
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How to fill out 2012-2013 Division of Income - Dependent Student

01
Start by gathering your income documents, such as your W-2 forms and any other income records for the year.
02
Fill in your personal information at the top of the form, including your name, Social Security number, and date of birth.
03
In the income section, list your wages from employment as reported on your W-2 forms.
04
Include any other income sources, such as interest income or unemployment benefits, in the appropriate sections.
05
If applicable, include any untaxed income, like child support received or veterans' benefits.
06
Complete any sections regarding your parents' income if required, ensuring to provide accurate figures.
07
Double-check all entries for accuracy and ensure you've signed the form where required.
08
Submit the completed form as directed, ensuring to keep a copy for your records.

Who needs 2012-2013 Division of Income - Dependent Student?

01
Dependent students who are applying for financial aid and need to report their income and their parents' income for the 2012-2013 academic year.
02
Students who are required to complete the FAFSA (Free Application for Federal Student Aid) and need to provide detailed income information.
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People Also Ask about

A qualifying child can earn an unlimited amount of money and still be claimed as a dependent, so long as the child doesn't also provide more than half of their own support.
You can only qualify as an independent student on the FAFSA if you are at least 24 years of age, married, on active duty in the U.S. Armed Forces, financially supporting dependent children, an orphan (both parents deceased), a ward of the court, or an emancipated minor.
The FAFSA automatically shelters some of the student's income. The amount that is sheltered is adjusted every year and can be found in a federal document entitled, The EFC formula. Google the term and you can find it. For the 2022-2023 school year, a student could earn up to $7,040 without it impacting financial aid.
Age: Be under age 19 or under 24 if a full-time student, or any age if permanently and totally disabled. Residency: Live with you for more than half the year, with some exceptions. Support: Get more than half their financial support from you.
Technically, no income is too high for the FAFSA. The U.S. Department of Education recommends filling out the FAFSA yearly, regardless of income. However because FAFSA is needs-based aid, those from lower-income families with a greater financial need get access to more financial aid.
As a dependent student, your annual and aggregate federal student loan limits are typically lower than those for independent students. However, your parents can apply for a Parent PLUS Loan to help cover your educational costs.

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The 2012-2013 Division of Income - Dependent Student is a financial document that reports the income and financial resources of a dependent student for the academic year 2012-2013, primarily used for federal student aid applications.
Dependent students who are applying for federal financial aid and need to report their income and financial situation for the 2012-2013 academic year are required to file the Division of Income.
To fill out the 2012-2013 Division of Income - Dependent Student, students should gather their financial documents, complete the form accurately, report income from all sources, and ensure all information matches the data provided in their tax returns.
The purpose of the 2012-2013 Division of Income - Dependent Student is to assess the financial need of dependent students for federal aid, helping to determine eligibility for various financial assistance programs.
The information that must be reported includes the student's total income, tax information, untaxed income, and any other financial resources that contribute to the student's financial profile for the year.
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