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Financial Planning / Paying For College

URL:  https://boards.fool.com/rad-i-dont-doubt-their-intelligence-or-ability-15431324.aspx

Subject:  Re: Parent vs Child Assets Date:  7/24/2001  9:36 AM
Author:  Gary11112 Number:  4077 of 8558

rad, I don't doubt their intelligence or ability to spot anomalies. I'm just trying to understand what the anomaly would be on the FAFSA. I have no knowledge of university specific forms or the private school forms so that's a different ballgame. The FAFSA just seems real straight forward and I intend to answer every question on it with total honesty.

As far as the professional judgment, I have no control over that. If a financial aid officer interprets a family legally structuring their finances to maximize financial aid rather than minimize financial aid as game playing, then so be it. I put it in the same category as doing what you can legally do to minimize income taxes or estate taxes. I guess the good news is financial aid can't go below zero.

Gary
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