3 ms·
FAFSA 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[
by otoburb 5y ago
FAFSA 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...