So my parents are wanting to buy a house in the near future. They do not meet the income requirements and they have asked me if I could be a co borrower alongwith them. I initially dont have a problem. My question though is that I am still in school, and although I have an income, I will be in school for at least the next 6, 7 years, so will having a house affect my chances of getting financial aid? I wont be living in the house, so Id be a non occupying borrower. But I dont want to take away from financial aid possibilities since I will be in school for the next few years and rely on it to pay for school.
Any advice is much appreciated, thank you!