FAFSA. Divorced parents.

MommaJ
Sat, 20 Apr 2013 14:38:33 +0000

The best thing to do is to have your father Lend you the money, complete with a notarized loan note for anything he gives you with market value interest, so that you are covered for this contingency. Repayment to begin when you graduate. IF he decides to forgive the loan upon graduation that is his business, but this way it is a loan, not payment given on your behalf.

Hey, here’s a way to screw the American taxpayer–wheee! Am I the only person who is troubled by advising the OP how to evade the rules and get money to which he isn’t entitled? Planning in advance to phony up a loan (and let’s not be disingenuous enough to pretend the quoted material is suggesting anything other than that) so it won’t be counted as money received or paid on your behalf is simply fraudulent. As one of the taxpayers being defrauded in that kind of scheme, I am astounded that anyone would post such advice. Ethics, anyone?