Yes, @NoVADad99
They definitely unload the real estate and move into small apartments.
@PurpleTitan
Fair question, but the last one that tried that was several years ago, and I have forgotten the details of whether they got the aid. The FA applications that my clients do, they do on their own. Again, I don’t oversee those. Those are separate efforts on their parts because the oversight part is not a service I provide. I only know it’s regularly tried. (But I think that’s bad enough.) My business with them is the college application process, and as you must know, FA decisions (and adjustments) sometimes come after admissions decisions.
I do know about the non-profit situation when I was on the Board. We determined basically 'in concert, haha, that the family was not justified in asking for a musical scholarship; they were denied. The numbers about “hardship” were not adding up.