Hiding Liquid assets

happymomof1
Sun, 25 Mar 2012 21:45:17 +0000

Since you haven’t filed a FAFSA yet, you need to run your numbers through the formula so that you can learn which factors most affect your results. Google EFC formula 2013 and you will get the link to a PDF of this year’s formula. Print it out and work through it on paper using different scenarios. Yes the formula does change a bit each year, but this is the best way to get an estimate.

If you plan to use this for your kids’ educations, you may as well just stash it in the 529s.