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Another example: having tax-free purchasing power can count against you. Specifically, clergy may receive a tax-free payment on their home. That is counted by c
by mjmahone17 14y ago
Another example: having tax-free purchasing power can count against you. Specifically, clergy may receive a tax-free payment on their home. That is counted by colleges as income, even if your home is entirely paid off, which can boost your "income" from 20k/yr to 50k/yr. I know one student who must pay about 15k/yr to a "full-need" college, despite her parent's annual income being 25k.