2018-2019 FAFSA... Here we go

SeeksKnowledge
Thu, 05 Oct 2017 00:57:19 +0000

@mommdc I keep reading conflicting info regarding her earnings and FAFSA. She can’t spend down and I need to get it filed because other DD needs it done for some grants she gets that are first come first served. I guess I could open a Roth IRA and put her coop money in there before filing. It’s easy enough to do with Capital One (used to be ING) and it’s just invested in a typical savings account so no worries on losing it.

edit to say I already paid this semesters tuition out of her 529 before we knew she’d get a co-op, so that is sitting at the college as a credit to be applied to spring semester. Geez this is all getting complicated!! She has about $4k, so that would only be assessed at 20% so $800 how much would that make our EFC go up if it was around 6300 last year??