Reply to Falsifying Financial Status

Forum Index » College and University Discussion

Reply to "Falsifying Financial Status"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Most (all?) public universities and many private college will only count one parent's income if parent's are divorced. So some families have the parent who doesn't make enough claim custody. Relative was telling me that she pays nothing for her 3 kids to go to college. She expects 4th child will be free as well. She is divorced and her ex and father of the kids is a doctor who makes over $400k. Mother works part-time and all their kids have gotten free rides to public universities because they list that mother has primary custody.

The other huge glitch is that if you can somehow hide active income to be under 60K which many people who own businesses can do, you do NOT have to compete the assets section thanks to the Simplified Needs Test (SNT).  This means savings, investments, or business value aren't considered in aid calculations if you meet these income/benefit criteria, streamlining the form. [/quote]

My kid’s father and I are divorced, with me having primary custody and both of us had to provide our income information on the FAFSA.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics