Helping Independent Child

mom2collegekids
Thu, 15 Apr 2010 10:04:47 +0000

I don’t think she’d have to wait till her D graduates. I think she can do that during her final year since she won’t have a FAFSA to do for the following year.

Just wondering…at what point would “gift money” need to be reported? If you give your child $200 for a Christmas present, do they have to report that on FAFSA? If not, at what amount would they have to declare it?