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College and University Discussion
Reply to "Harvard Will Make Tuition Free for Students of Families Making Less Than 200K"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What happens if your income increases for the next school year FAFSA application? Do they decrease your aid? [/quote] Of course.[/quote] This incentivizes people to keep their income low and/or be dishonest about assets. If you think CSS catches everything you’re wrong. People are very clever when it comes to qualifying for this kind of aid. I’ll also add the IRS does not routinely audit low income to moderate income families. All of this is to say, the system is rife with abuse. For those of you who dismiss this claim, I know multiple people hiding assets to get aid!! [/quote] Spoken truth. [/quote] People always make these claims yet never explain how you would actually go about hiding these assets.[/quote]
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