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Here’s why most college students reportedly do not qualify for a stimulus check

If you’re 17 and older but can be claimed, you won’t get a check, Forbes says
By Lane Elder
April 13, 2020

As stimulus checks from the IRS start to enter bank accounts, a surprising group of the United States population will not qualify: college students.

According to Forbes, the answer to whether you will receive money during the government payout during the coronavirus pandemic is whether someone claims you as a dependent on their federal tax return.

»RELATED: Stimulus checks begin entering some accounts, report says

Here are the amounts that will be paid to households:

According to educationdata.org, 11 million post-secondary students fell between ages 18 and 24 as of fall 2019.

That’s a lot of people who probably won’t qualify for the relief money.

However, if you're a college student within that range who is not claimed as a dependent and who is financially independent, you qualify for a check as an individual.

Taxpayers can use the "Get My Payment" web application from the IRS and Treasury to check their status.

»RELATED: Coronavirus stimulus: Experts suggest how to make the most of your check

Here are more of the nitty-gritty qualifications for households receiving $500 for dependents, for those under 17:

Many are surprised by the IRS guidelines, especially because it also excludes 17- and 18-year-olds who still live at home while finishing high school, on account of their age.

Though college students may experience financial strain from the coronavirus pandemic, many schools are offering options to support them through other forms of government funding.

»MORE: Georgia colleges getting stimulus grants for students hurt by COVID-19

On Thursday, the government allocated more than $6.28 billion to U.S. colleges and universities to give as grants to students.

"What's best for students is at the center of every decision we make," said U.S. Education Secretary Betsy DeVos in a statement. "That's why we prioritized getting funding out the door quickly to college students who need it most. We don't want unmet financial needs due to the coronavirus to derail their learning."

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Lane Elder

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