Giving up guardianship for aid.......

hebegebe
Wed, 31 Jul 2019 18:11:33 +0000

If the grandparents give the money to the parent? Nope, it’s just a gift.

Correct. Gifts received do not have to be reported as income. Gifts given to others have to be reported only if in excess of the annual gift giving limit (but this is the grandparents responsibility, not the parents or student).