Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
I am reading a book called Paying For College since my eldest is a Junior in High School. One of the sections is about aid - federal versus state. The one sections says because of the differences between state aid formulas and the federal formulas, it is sometimes easier to qualify for state aid. Federal aid is based on your adjusted gross income along with information about your assets. In some states, however, aid is based solely on your taxable income(the AGI minus deductions) without reference to your assets.

Do you know in the state of Illinois how aid is based? On your taxable income without reference to your assets or on your taxable income with your assets included?

Thanks for all the great help from the board.

Doug
Print the post Back To Top
No. of Recommendations: 2
Do you know in the state of Illinois how aid is based? On your taxable income without reference to your assets or on your taxable income with your assets included?

Not sure, but the "Paying for College" board http://boards.fool.com/paying-for-college-100157.aspx might be another place to ask your question.

AJ
Print the post Back To Top
No. of Recommendations: 0
The poster already asked the question two days ago on the Paying for College board. There have not been any responses.
Print the post Back To Top
No. of Recommendations: 0
Yes, I saw there was not too much questions and answers on that Board so I tried this one.

Doug
Print the post Back To Top
No. of Recommendations: 0
Have you explored www.finaid.org ?
Print the post Back To Top
Advertisement