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There is currently one response to “Is there special financial aid for teen moms?”

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1. 1 On November 24th, 2012, spalmer said:

   Unless a local organization is sponsoring teen moms… there isn’t any special financial aid. You will be able to fill out the fafsa as an independent student IF you will be providing more than 50% of your child’s financial support (which typically means that you’ll have to be working full-time). If you won’t be providing more than 50% of the child’s financial support, then you’ll still be considered a dependent student and you will need to provide your parents’ income and asset information, as well as your own. Need-based grants will be based on the information on your fafsa. You will be eligible for federal stafford loans (a dependent freshman can borrow up to $ 5,500/year).

   Depending on what your parents make, your best bet for the most financial aid would probably be to get a minimum wage job working full-time… this should put you as independent and will bring your efc to near 0, if you and your child are living on your own. With an efc of 0, you should qualify for the maximum in federal and state grants.

   You can also search for need-based or merit scholarships and apply for the ones that you believe you fit the criteria for… if you are awarded a few scholarships, that can equal thousands of dollars each year. It can be hard work finding scholarships and applying for them, but they’re worth it.

   I have looked for single mom scholarships for four years… I only came across one that was for single moms over the age of 40 — so it didn’t do me any good.

   posted on November 24th, 2012 at 7:34 pm

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