What does it mean on Financial Aid? easy 10pts?

Question

"Were you claimed or eligible to be claimed as a dependent on your Parents' NYS or Federal Tax Return in 2007?"

I Live with my parents, so I put "Yes" right? they support me to pay college?

Answer 1

Your answer is correct you know more than you thought. Now on most aid forms you are to indicate how much they support you.

Thanks for the 10 points

Answer 2

yeah sounds right to me, they can sstill claim you if your living with them and going to school

Answer 3

If your father/mother claimed you as a supported child on his income tax so he could get reduced tax then yes, sounds right to me

Answer 4

Yes, if you were a dependent to your parents in the 2006-2007 tax year then you would put yes. You might not get a lot of aid but if your parents are helping you then you should be fine.

Answer 5

It is asking if you were claimed as a dependent in a household.  Or, in other words, were you being supported by someone (your parents).  

Since you live with your parents, and most likely don't file federal/state taxes as "single", then your parents claim you as a dependent living within their household in 2007.  Your parents can verify that for you.

So, you can put "yes" on that question.