3 ms·
But correlated. A two-parent, four-income, six-child family in a house just big enough to hold everyone might have $125k in assets, but in no way would they be
by nitrogen 10y ago
But correlated. A two-parent, four-income, six-child family in a house just big enough to hold everyone might have $125k in assets, but in no way would they be able to help their kids pay for school, especially the older kids.
- sokoloff 10y agoThey can probably pay for some of the kid's food (because they have been up until now, possibly more efficiently than a college meal plan, but in any case, the household expenses go down when the 18 year old moves out). Some of that money can go to college costs. I assume GGP was posting the "at no cost" threshold and that doesn't mean that $125,001 in assets and you get no help. It's been a long time since I appli d for financial aid, but I do recall that other kids in college (though perhaps not college-bound) was definitely a factor in financial aid calculations.