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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Is the 265 from both of you working? And DH is 63? I think the poster who suggested draining the 529 is wise, bc reapplying when all 3 are in college and you have no 529 savings left may up the pot of aid?

When is DH planning to retire?

Are there options to stop financially helping parents to the detriment of your kids’ educational options? (DCUM controversial take) are you helping them in a way where the money comes back to you (I.e paying for a house you’ll inherit?)[/quote]

Yes and yes. We could take out the money from 529 at least for DC1 and DC2. 
DH is not planning to retire soon not at least this college cost is over. We don't have any inheritance and there is no option to stop supporting parents as they don't have any income but we share cost with our siblings.[/quote]

This is just an idea- those who know more about FA can chime in if it’s terrible. My understanding is they don’t expect you to pull from retirement or home…sell the rental, use that $$ to pay down primary home mortgage, this will make it more likely to get aid (especially w 3 in college and no more 529) and you can cash flow more of the tuition, have cash to help the kids pay down their student loans, as well as not have a mortgage in retirement. Also, your DH may get sidelined before college is done, he’ll be 68 by the time #3 graduates. Maybe giving more details on the elderly parents’ expenses can generate some ideas- ie have they looked for low income sr housing…[/quote]

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