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College and University Discussion
Reply to "High EFC -- not sure I did the FAFSA correctly"
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[quote=Anonymous][quote=Anonymous]OP here: "Oldest" parent is 54, if that makes a difference. Did not include any retirement accounts or house.[/quote] Makes very little difference. Apparently the protected asset threshold has been going down. When we first filed, something like the first $25K of savings wasn’t included in the formula. The exact amount was tied to parental age, but this is negligible for someone with high assets outside retirement.[/quote]
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