Life insurance question

kelsmom
Tue, 04 Oct 2011 21:43:09 +0000

Her loan eligibility is NOT affected by the money. The only issue would be how much is subsidized vs. unsubsidized … but the amount stays the same, and all loans might end up unsubsidized next year, anyway.

Don’t mess with the money in order to try to maximize loan eligibility. She is eligible for a certain amount based on her year in school, and that amount will not be reduced by the money.