I have a few questions for any Fools knowledgeable in the college financial aid application process. OK, here's my situation:I will be receiving a cash inheritance (~$50-100K) sometime in the next few months.I will be filling out financial aid forms in early 2001 for my daughter, who will be enrolling in college in the Fall, 2001.How will these inherited assets be treated in the financial aid application process?Is there any way that these new assets won't be considered at all? What would I need to do, put the check under the mattress?Seriously, do I have any legal, non-fraud, options for sheltering these assets? If there are other options, how would the liquidity of the assets be impacted?Thanks for the help, Fools. Also, if there are other websites you could point me to that address my needs, that will be very much appreciated.
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