|
Financial Independence Summary
In order to be classified as a resident for tuition purposes, a student must satisfy the University's financial independence requirement in addition to physical presence and intent.
- A student is considered to be financially independent if he/she meets all of the following criteria:
- Is single;
AND
- Was not claimed as a dependent for income tax purposes by his/her parents¹ or any other individual for the two tax years
immediately preceding the term for which classification as a resident is requested;
AND
- Can demonstrate self-sufficiency for those two years and the current year. Self-sufficiency is defined as the ability to support
oneself financially without the help of others. When determining self-sufficiency, money earned by the student through his/her
own employment, financial aid and other loans² obtained on his/her own credit, without a co-signer, will be considered
acceptable student income. Loans or gifts from relatives, associates, or friends, regardless of the terms, are considered
financial assistance and cannot be included as student income when determining self-sufficiency; non-institutional loans or
gifts made at or near3 the time the student is enrolled in an institution will also be considered financial assistance. Funds
that are "gifted" to the student by a relative, associate, or friend, through a "college fund," savings, trust, or other
financial vehicle, will not be considered if the funds were established after the student's 14th birthday. "Bartering" for free
room and board, or other services or necessities is considered financial assistance. A student who receives free room and board
from a relative, associate, or friend is not deemed totally self-sufficient.
- The financial independence requirement will not be a factor in residence determination if the student meets one of the following
criteria:
- The student's natural or adoptive parent(s) meet the requirements for residence for tuition purposes;
OR
- The student is at least 24 years of age by December 31 of the calendar year in which classification as a resident is requested;
OR
- The student is a veteran of the U.S. Armed Forces;
OR
- The student is a ward of the court or both parents are deceased;
OR
- The student has a legal dependent other than a spouse;
OR
- The student is married, a registered domestic partner, or a graduate or professional school student³, and was not claimed
as an income tax deduction by his/her parents or any other individual for the tax year immediately preceding the quarter for
which classification as a resident is requested;
OR
- The student is a graduate or professional school student who is employed at UCI 49% or more time during the term for which
classification as a resident is requested;
OR
- The student reached the age of majority in California while his/her parents were residents of California and the parents leave
the state to establish a residence elsewhere and the student continues to be a resident of California after the parents'
departure.
¹ "Parent"- The natural or adoptive father or mother; or, if both parents are deceased, her/his legal guardian. The term "parent" does not include step-parents unless expressly noted.
² With the exception of co-signed loans (e.g., parent PLUS loans)
³ Graduate or professional school student includes: graduate student instructors; graduate student teaching assistants; research assistants; junior specialists; post-graduate researchers; graduate student researchers and teaching associates; medical students and students enrolled in a teacher credential program.
Please read this disclaimer...
| |
|
Contact us