FAFSA Dislocated Worker Explained
When an eager student-to-be fills out the Free Application for Federal Student Aid, they’ll come across many questions that they’ve never had to answer before. For many, the lingo the application uses can be disarming. While the FAFSA does a pretty good job at supplying additional information for the new applicant to define acronyms and terminology, it can still be difficult for those with complicated home or work situations to discern which category they fall into. We can provide you with more individualized help and explain the FAFSA in terms you’ll understand so that your submission is received free of errors.
In the 2011-2012 academic year, 21,945,597 people applied for federal financial aid for college, per FinAid. Part of that demographic is made up by dislocated workers — which question 100 on the FAFSA will ask you about. Certain situations allow for an applicant to be considered as a dislocated worker, such as:
- Being the recipient of unemployment benefits due to losing your job and a return to previous work not being probable
- Being laid off from work
- Having been self-employed but currently being unemployed because of a natural disaster or the economy
- Being a displaced homemaker: a household figure who provides unpaid services to their family without the help of a spouse, and also not employed or being underemployed and struggling to locate better — or any — work opportunities
It’s also possible for parents of a dependent to be a dislocated worker, too. This information is requested on the FAFSA, so let’s be clear on some common situations in which the party would be considered one. The stay-at-home-parent is a frequent point of confusion for many. Not every mom or dad is eligible to be a dislocated worker. Those who are living together or with another partner or individual who provides financial support to the household are not eligible. In addition, if you’re a stay-at-home parent, but you receive ample child support, alimony or other financial contributions from your child’s other parent, you are exempt from being a dislocated worker.
The National Conference of State Legislatures notes that the unemployment rate had lowered to 5.9 percent as of September 2014. A lot of people are losing jobs every year that they have no chance of getting back. For instance, when a company goes out of business or a trade is replaced by machinery and technology, the need for human production lines no longer exists. For the minority who are unemployed and having a tough time finding a job, college is a secondary option to earning a better livelihood. Certainly, attending school to earn a degree takes time, but the years spent educating yourself so you can obtain a higher-paying job with career potential are well spent.
The average cost of attendance at a reasonably priced college during the 2013-2014 academic year was around $22,826, per College Data. For the unemployed, meeting this price tag may seem like an impossible feat, but with our help, you can be on your way to a college degree starting today. A lack of monetary support or regular, sufficient income does not have to hold you back from pursuing your professional goals. We are resource for information and advice for dislocated workers who wish to apply for financial aid. Continue reading our site to learn more.