William4336 Wrote:
Feb 20, 2013 10:48 AM
Dave, as a financial aid administrator I agree with you. $50,000 in assets will not make a significant, if any, difference in the amount of scholarship the students will receive. The much bigger issue is the parent's income, the size of the parent's household and the number of members of the household in college. Moving assets in an attempt to maximize eligibility for financial aid often costs parents much more then they receive in financial aid.