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College and University Discussion
Reply to "Financial aid if you own a house but don’t live in it"
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[quote=Anonymous]Running NPC's at my kid's current top choice, if I put it in as if I live in the house, I get a family contribution of $2K. If I put it in as if I sell the house and have that money in investments, I get $18K. If I put this in as if I have the house rented out (so the rental income is added to my income, even though that money just goes back out in rent) I get $36K. Over 8 years, putting two kids through college, that is an enormous difference. [/quote]
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