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<DIV dir=ltr align=left><FONT face=Arial color=#0000ff size=2><SPAN
class=237341813-23062005>OK, I admit it....the long winded answer was me (BIG
surprise, I know!). But, knowing now that the parents listed themselves on
the FAFSA as married, I agree with everyone else. And, this may be a big
surprise to Mom & Dad, but by filling out the FAFSA as married, that
could be construed as being common-law married in
Oklahoma...........</SPAN></FONT></DIV>
<DIV dir=ltr align=left><FONT face=Arial color=#0000ff size=2><SPAN
class=237341813-23062005></SPAN></FONT> </DIV>
<DIV dir=ltr align=left><FONT face=Arial color=#0000ff size=2><SPAN
class=237341813-23062005>If you end up with a co-habiting unmarried mom &
dad in the future, the steps I listed are still a good way to incorporate both
incomes into the EFC calculation without ruffling anyone's feathers by changing
the status to married. </SPAN></FONT></DIV>
<DIV> </DIV>
<DIV align=left><FONT face=Arial size=2>
<P align=left><FONT face=Arial size=2>Pam McConahay</FONT> <BR><FONT face=Arial
size=2>Assoc. Dir., Compliance, Training & Lender Relations</FONT> <BR><FONT
face=Arial size=2>University of Oklahoma Financial Aid Services</FONT> <BR><FONT
face=Arial size=2>1000 Asp Avenue, Room 216 </FONT><FONT face=Arial
size=2>Norman OK 73019-4078</FONT><BR><FONT face=Arial size=2>(405)
325-4617 Fax (405) 325-7608</FONT> <BR><FONT face=Arial
size=2>pmcconahay@ou.edu </FONT></P>
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<FONT face=Tahoma size=2><B>From:</B> oasfaa-bounces@lists.onenet.net
[mailto:oasfaa-bounces@lists.onenet.net] <B>On Behalf Of </B>Jonna L.
Raney<BR><B>Sent:</B> Thursday, June 23, 2005 8:14 AM<BR><B>To:</B>
oasfaa@onenet.net<BR><B>Subject:</B> [Oasfaa] Feedback from Marital
Advice<BR></FONT><BR></DIV>
<DIV></DIV>
<DIV class=Section1>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Several asked me to post my
responses, so here goes.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">This was the situation of the
“divorced” parents who live together, but file separate tax
returns.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">I received 6 responses. 5 said
to call them married and count both incomes. <o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The other one said, “<FONT
color=blue><SPAN style="COLOR: blue">You can't really label them as married
(they aren't common-law if they don't represent themselves to be married, which
they aren't doing on their tax returns and they <U>don't appear to have filled
out the FAFSA as married</U>, right?. But, if you want to get an ACCURATE
picture of this family's ability to pay for college, here is what I would
do:</SPAN></FONT></SPAN></FONT><o:p></o:p></P>
<P class=MsoNormal><FONT face="Times New Roman" size=3><SPAN
style="FONT-SIZE: 12pt"> <o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial color=blue size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: blue; FONT-FAMILY: Arial">a) include Mom
and Dad in the household size</SPAN></FONT><o:p></o:p></P>
<P class=MsoNormal><FONT face=Arial color=blue size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: blue; FONT-FAMILY: Arial">b) leave the
marital status as single, using Mom as the parent, report her income in all the
usual slots</SPAN></FONT><o:p></o:p></P>
<P class=MsoNormal><FONT face=Arial color=blue size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: blue; FONT-FAMILY: Arial">c) take dad's
2004 AGI, subtract 7.65% for FICA, the amount of federal tax paid, the state tax
allowance (you'll need the EFC worksheet tables for this). Use the result
as untaxed income of the Mom in the EFC calculation.
</SPAN></FONT><o:p></o:p></P>
<P class=MsoNormal><FONT face=Arial color=blue size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: blue; FONT-FAMILY: Arial">d) ignore the
$150 per month child support as either income to mom or a subtraction to income
of dad.....it's all ending up in the same pot anyway.
</SPAN></FONT><o:p></o:p></P>
<P class=MsoNormal><FONT face="Times New Roman" size=3><SPAN
style="FONT-SIZE: 12pt"> <o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial color=blue size=2><SPAN
style="FONT-SIZE: 10pt; COLOR: blue; FONT-FAMILY: Arial">This accounts for the
fact that Dad is there and the parents are "together", it doesn't falsely report
their marital status, and it does take into account all the allowances that
would be applied to Dad's income if they really WERE married. It even allows you
to tell your Admissions director that you DID make an adjustment to Dad's
income.” </SPAN></FONT><o:p></o:p></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">They actually <U>did turn in a FAFSA
showing married w/ both incomes</U>, but my Adm director caught on to the
situation during the visit and decided they had completed the FAFSA incorrectly,
so he thinks we should have them change the way they filed it. After the
responses from you and this little tidbit of info, I am going to leave the FAFSA
as they filed it and move on.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Thanks to all who responded!
It’s great to have you all as a resource.<o:p></o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p> </o:p></SPAN></FONT></P>
<P class=MsoNormal><FONT face=Arial size=2><SPAN
style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Jonna<o:p></o:p></SPAN></FONT></P></DIV></BODY></HTML>