Install Free Gold Price Widget!
Install Free Gold Price Widget!
Install Free Gold Price Widget!
|
- FAFSA - two 529 accounts, 2 kids. Question abount parents investments
This is the most common way that 529 accounts are titled These 529 accounts are not assets for only one child That’s why they are all reported as parent assets < p> <p>Child-owned 529 accounts (UGMA 529s) are restricted and can only be used for the child who is named on the account That’s why UGMA 529 accounts owned by child #2 are not
- 529 assets on FAFSA and CSS: One child or all?
NASFAA: “Education savings accounts: Previous instructions on education savings accounts like 529 plans included confusing and, at times, conflicting information ED clarifies in this final version of the FAFSA that parents of dependent students should report as parental assets only the value of college savings plans designated for the
- Multiple kids, FAFSA, and 529 accounts - College Confidential Forums
Sibling-owned 529 accounts are not reported on Profile Period From the Profile Help Desk information on 529 plans (the emphasis is mine): *529 Savings Plans are Qualified Tuition Plans (QTP) that allow parents, other relatives, and even non-relatives to save funds each year for college expenses
- 529 Plan Ownership -- CSS PROFILE - College Confidential Forums
Assets that are held in Section 529 prepaid tuition or college savings plans or Coverdell savings accounts should be listed as parent assets in PA-120 If you have a 529 plan as part of a Uniform Gift to Minors Act (UGMA) account or Uniform Transfer to Minors Act (UTMA) account or that was funded from assets from an UGMA UTMA, it is considered
- does FAFSA ask worth of siblings assets? - Paying for College . . .
But only the student’s 529 - not the siblings < p> <p> Your parents must report in Question 90 all qualified educational benefits or education savings accounts, including Coverdell savings accounts, 529 college savings plans, and the refund value of 529 prepaid tuition plans that they own for any member of the household
- 529s, do college savings affect admissions?
Family of five with three kids and three 529s (one for each child) Each 529 holds approx $50k Our annual household income is approx $135k and we have approx $450k of home equity (which we don’t want to touch ) My oldest D is entering her senior year of HS She has a 4 0 unweighted GPA, a 1530 SAT score and is in the top 2% of her class She’s planning on applying to a mix of state
- 529 plan - Paying for College - College Confidential Forums
When filling out the CSS Profile we got a supplemental question from 2 colleges: If any of your assets are from Section 529 college savings or pre-paid tution plans, what is its value? The heading above this question is: Supplemental Questions - Student Finances I (parent) own this account however it is my son’s name I am confused if I should list the value of the 529 here since it is
- 529 tax penalty for flight school - College Confidential Forums
My family invested in a 529 savings plan for my nephew’s college fund He decided to go to flight school I understand that flight school if not consider continuing education He is 21, decided to be a pilot, and the plan penalizes him by $5000 00 That seems unfair How would I go about getting a waiver or lobbying to change this policy
|
|
|