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Can’t this be taken into account by also considering wealth and assets, rather than by only income?
by j7ake 5y ago
Can’t this be taken into account by also considering wealth and assets, rather than by only income?
- otoburb 5y agoFAFSA seems to have been updated in recent years to evaluate not only income, but also wealth[1] (minus retirement accounts), including most types of US trusts[2]. [1] https://studentaid.gov/help-center/answers/article/fafsa-question-total-amount-of-parents-asset-net-worth-exceed-amount-listed https://studentaid.gov/help-center/answers/article/fafsa-que... [2] https://mcandrewslaw.com/publications-and-presentations/articles/special-needs-trusts-and-financial-aid-what-should-applicants-do/ https://mcandrewslaw.com/publications-and-presentations/arti...