Right.

If your asset is in normal range,this is my understanding. However, I am not responsible if thing turns out different from my understanding.

I had a friend whose income is in the range of manageable to make his AGI under 50K, and he took my suggestion.  His kid's financial aid package covers basically everything in a private college. 

I have no idea if the parent has business/rent... 

 

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wow, I should know you earlier. -summer123- 给 summer123 发送悄悄话 (120 bytes) () 10/02/2012 postreply 09:01:49

I posted many years ago in WXC.:). -Morning3evening4- 给 Morning3evening4 发送悄悄话 Morning3evening4 的博客首页 (0 bytes) () 10/02/2012 postreply 09:28:43

sure is my fault not seeing it. -Summer123- 给 Summer123 发送悄悄话 (0 bytes) () 10/02/2012 postreply 09:44:20

谢谢阿猫回复和热心. -may_march- 给 may_march 发送悄悄话 (206 bytes) () 10/02/2012 postreply 09:23:12

The balance in 401k and other retirement accounts will -Morning3evening4- 给 Morning3evening4 发送悄悄话 Morning3evening4 的博客首页 (109 bytes) () 10/02/2012 postreply 09:28:07

Mit did llok at your whole assets, at least in previous years, i -Summer123- 给 Summer123 发送悄悄话 (0 bytes) () 10/02/2012 postreply 09:45:51

哈佛 好像也是look at your whole assets(include 401k), 一会儿有时间我去找找那个 -iamfouryear- 给 iamfouryear 发送悄悄话 iamfouryear 的博客首页 (13 bytes) () 10/02/2012 postreply 10:01:58

Don't know MIT specifically. -Morning3evening4- 给 Morning3evening4 发送悄悄话 Morning3evening4 的博客首页 (345 bytes) () 10/02/2012 postreply 10:17:24

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