529 Plans and grandparents

<p>I don’t know what percentages are involved per FAFSA/Profile. But…</p>

<p>I ran two scenarios on the College Board website, one including my childs 529/UGMA, and one without. The difference between the two answers was exactly 25% of my childs assets, suggesting that we would qualify for those dollars from FA if he did not have the assets. </p>

<p>So, I stopped contributing to my younger Ds 529.</p>