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Reply to "At what HHI level do you not receive financial aid?"
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[quote=Anonymous][quote=Anonymous]Question. Do they only look at income when determining financial aid? What stops someone 50 years old and HHI $250k with say 3-4 kids and net worth of $2 million (not too much, not too little) from quitting their job so that HHI is $0 and getting lots of ginancial aid for all theor kids? In this hypothetical scenario, it would make sense vs. working and shelling out 100k or more a year on tuition. Thoughts?[/quote] You have to do it two years before your child gets to college. FAFSA for next fall are based on 2015 returns.[/quote]
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