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[quote=Anonymous]As far as colllege, FAFSA will only look at the income and assets (not including primary home) of the household where the kid lives. Once you are divorced, that would be your income plus alimony plus child support. If you remarry, it will include your new husband's income and assets.

Private colleges that meet all or most of need (as they determine it) often ask for more information, either through the CSS Profile form or their own financial aid form. Those colleges typically will base financial aid on the income and assets of all parents-- both parents and any stepparents.

You will have to look carefully at each college. If what you have in mind is the very elite colleges in the country, it is safe to say they will look at everyone's income. If you are looking at state colleges or a more local college (even if private), they usually just look at household income but they don't meet financial need anyway, so it doesn't make a difference. In other words, the FAFSA can determine your household can only contribute X but the college is under no obligation to even come close to that. The FAFSA could award you a Pell grant and the college could say 'Here's 1,000 in scholarship' or 'Here's nothing,' and it doesn't matter that FAFSA says you should need another $20,000 in aid. [/quote]

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