<p>LB- pay off your mortgage with all that $, at least then you could access the funds through a HELOC if need be. Also, compile your application list carefully…with an income over $120k you will still have to come up with some EFC $, even if you haad no assets.</p>
<p>Better yet, run the FAFSA numbers and see where you land:</p>
<p><a href=“http://www.ifap.ed.gov/efcinformation/attachments/0607EFCFormulaGuideDecFinal.pdf[/url]”>http://www.ifap.ed.gov/efcinformation/attachments/0607EFCFormulaGuideDecFinal.pdf</a></p>