Learning Library Quick Answers Financial Aid Planning

How does a client report a 529 prepaid tuition plan on the FAFSA?


Question: How does a client report, on a FAFSA, a prepaid tuition plan? Answer: Assuming the parent is the owner and the child is....

How does child support affect a 1040 EZ tax return and an Automatic zero EFC?


Answer: There is no effect. Child support is not included on the tax return so there would be no problems regarding short or long ....

How Does Early Admissions Work?


Early Decision (ED)Students may only apply to one college early decision, and if accepted they MUST attend. This is a binding prog....

How does the EFC formula treat custodial 529's?


Answer: They will be counted as a parent asset.....

How is a mortgage payment reported on the CSS Profile?


Scenario: The Profile asks for a mortgage payment. Is this to include property tax and insurance if they are paid separately? Answ....