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Money and Finances
Reply to "Parents of little kids: What are your college savings goals?"
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[quote=Anonymous]As someone who works in actual financial aid, I’m amazed how many of you have no clue about how the system works, DESPITE likely having substantial loans of your own. If you are middle or UMC your kinds are unlikely to be eligible for much except for federal unsubsidized Direct alone (aka Staffords) and private loans. I hope you don’t have a ton of cash in the bank or in non residential assets because it will count against your child’s eligibility unless you can find a way to financially emancipate them. [/quote]
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