Cut off custody of your kid to get financial help from Universities?

Anonymous
A new 'disturbing' trend or a legitimate way to get around the fact that you make too much money to qualify for aid but cannot afford college:

https://news.yahoo.com/illinois-college-scholarships-034913070.html
Anonymous
It's cheating.

I hope the IRS looks into the tax returns of those who did this.... I am betting they claimed the kids as dependents.
Seems to me that if you surrender custody to someone else, you can no longer claim that person as a dependent.
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