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<p>Maybe and maybe not. For the FAFSA, your primary residence is NOT considered in the equation at all. BUT the equity in the other two homes will be considered an asset. In addition, if they are rental properties, the rents will be considered income.</p>
<p>For the Profile (which is required for about 300 private schools) the equity in ALL of your properties would be reported.</p>
<p>Your brother’s income isn’t a factor at all.</p>
<p>To Josh158, if your “method” for paying for college is honest, not fraudulent and is legal, you should be able to post it here. To the OP…I would be leary of this information via PM.</p>