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<<<As far as parking it in a 529 to lock in current tuition, I think you are confused unless you have a very different type of 529.>>>

"Many states have 529 prepaid tuition plans. The various state plans have lots of different details about what schools they cover and what they give you if you go to a school not covered by the plan."

Probably not many.

This 2011 articlw list about 10-12 ---

"The states that still offer prepaid tuition include Virginia, Maryland, Massachusetts, Mississippi, Florida and Washington. These states guarantee their prepaid plans. Michigan, Nevada, Illinois, Pennsylvania and Texas also offer prepaid tuition plans, but without any guarantee." [and Texas is not open to new enrollment]

Read more:

"It is important to note, however, that prepaid plans are often only of value if you are absolutely certain your child will attend an in-state school. While most of the plans do allow funds to be used for out-of-state college tuition, there is often an accompanying penalty, either in the form of a fee or weighted payment based on your state's tuition rates."

Read more:

I don't know how prepaid tuition plans are treated by FAFSA.

Nor do I.

I do not beleive that you ever mentioned your state, so I suggest some research is in order to see whether you even have a pre-paid tutition option.

Regards, JAFO
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