Student assets are assessed at a greater rate than parent assets

For example, the Free Application for Federal Student Aid (FAFSA) bases the expected family contribution (EFC) on 20% of student assets but at most 5.64% of parent assets. So, it is always best to save for college in the parent’s name, not the child’s name.

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• Almost all the kids here are not qualify for Pell Grant. -Midwestrural- ♂ (296 bytes) () 01/22/2018 postreply 20:03:23