EFC and money in savings

来源: cherrysmoothie 于 2012-08-14 05:44:47 [] [旧帖] [给我悄悄话] 阅读数 : (300 bytes)

Is the money in parents' savings account or CD included in EFC calculation?

Money in savings account is considered liquid assets. However, an article said money in liquid assets are not used in EFC. But it seems money in savings account does contribute to kids' tuition. I am confused.

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• I think so. There's a field where you need to enter the total in -旖旎风光- ♀ 给 旖旎风光 发送悄悄话 旖旎风光 的博客首页 (0 bytes) () 08/14/2012 postreply 06:21:15

• Thanks! That's a punishment to saving. :) -cherrysmoothie- ♀ 给 cherrysmoothie 发送悄悄话 (0 bytes) () 08/14/2012 postreply 06:30:15

• Yea, it is better to keep your bank account to a minimum, but wh -旖旎风光- ♀ 给 旖旎风光 发送悄悄话 旖旎风光 的博客首页 (0 bytes) () 08/14/2012 postreply 06:59:40

• 回复：EFC and money in savings -Yangtze430030- ♂ 给 Yangtze430030 发送悄悄话 Yangtze430030 的博客首页 (617 bytes) () 08/14/2012 postreply 10:54:51

• 谢谢～～～～～ -旖旎风光- ♀ 给 旖旎风光 发送悄悄话 旖旎风光 的博客首页 (0 bytes) () 08/14/2012 postreply 11:59:48

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