The Motley Fool Discussion Boards

Previous Page

Financial Planning / Paying For College

URL:  http://boards.fool.com/but-if-her-meager-earnings-are-going-to-reduce-30841420.aspx

Subject:  Re: funding grandchild's college Date:  8/25/2013  8:14 AM
Author:  2gifts Number:  8067 of 8178

But if her meager earnings are going to reduce the amount of aid she might be eligible for, it might not be worth it

There seems to be an implied assumption here that the aid she will receive will be in the form of grants. Most likely, it will be in the form of loans. Even if she gets a combination, any reduction in the aid due to her earnings will generally come off of the loans.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us