Student-owned 529 always counts as a parent asset for FAFSA purposes?
This seems to be a truth and I've seen it corroborated repeatedly. But humor me:
Is this true even if the student is over 18 and starts up a new 529 account with his own money? Student is dependent, living at home, and is entering sophomore year in college. The financial aid package is in place for this fall so this question is in relation to the FAFSA for 2018-19.
Thanks for your thoughts!