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Old 07-23-2008, 12:41 PM   #4
somemom
Senior Member
 
Join Date: Aug 2004
Location: West Coast
Posts: 2,200
johnny, you might run your numbers through the FAFSA formula and see how the inheritance makes the difference, it depends on other factors too. You may be better off long term for him to take the entire amount, give up grants for that one year, use the money in year one to pay down his mortgage, etc and then it won't count for other years
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