Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
Per the FAFSA formulas, 20% of a student's assets are counted in the Expected Family Contribution.

12% of the parents' 'Discretionary Net Worth' is counted. This incudes cash, savings, investments outside retirement accounts, and the 'Adjusted Net Worth' of a business or farm. A portion of the parents' assets are excluded from the EFC calculation, at an amount depending on the age of the older parent.
Print the post  

Announcements

Paying For School Guide
Trying to Tackle Tuition? The Motley Fool's Guide to Paying for School will help you fight those rising education costs.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.