Reply to "fafsa"

baseballtoday100+ posts

quote:
Originally posted by OldVaman:
One of the dirty little secrets out there:

All the money you saved up for your kids, starting when they were 6, counts against you when it comes to calculating the EFC. I'm not advocating not putting something away, because it can give you choices you otherwise might not have had.

But don't impale yourself to save it, either, because if you've got it, they'll get it.

You have the option of saving the money in the parent's name to help around this scenario.

But not saving because of this is a huge mistake.

9/25/0512:00 AM

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