Sentences with phrase «parental assets even»
When you're filling out the FAFSA, you always want to list 529 or Coverdell accounts as parental assets even if you're the beneficiary.
https://www.creditdonkey.com/ Not exact matches
(Actually the effect is bigger than just.12 to.20 because in the calculation for EFC parental assets get 2 additional adjustments that reduce their effect even further.
But it will reduce parental asset and income impacts even further)
Even if it is a custodial account (in which the student is both the owner and beneficiary), it is treated as a parental asset when completing the FAFSA.