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nonzeus - FAFSA does not but the school can make adjustments to FAFsa where there are special circumstances. Ask your school for a special circumstances adjustment. This is set up for people who have unusual circumstances such as high medical bills, loss of income etc. I’m not sure how it works if you are saving for a future expense rather than a current one, but it does not hurt to ask. </p>
<p>We had one my daughter’s first year of college because we had very large medical bills in the preceding year and would have loss of income in the current year. After the adjustment was approved the school went into FAFSA and reduced our income to reflect the adjustment. Then the numbers were run through the formula again, producing a lower EFC.</p>