529 impact on need aid

cag60093
Tue, 27 Jan 2026 20:08:09 +0000

Thanks for your input. I’ll inquire further with my sister about the terms of the FA award.

Ideally, we would like to keep us as the account holder and just change the beneficiary to my nephew to keep it clean as possible. Nephew does not have any student loans fortunately. I did ask that she considers a small federal loan for nephew for next year, his last year. I was told that would only help her separated H because his portion of pay will be reduced which he’ll be very happy about. This is not a payback attitude from her. He has not follow through on divorce proceedings for many many years because he doesn’t want to show his financials or provide child support. In order to keep peace, she has put up with a lot of BS for too long so he will at least pay 50% of education expenses. He is basically a scummy narcissistic jerk.