Non-custodial parent & Equity?

sybbie719
Fri, 30 Dec 2011 17:48:57 +0000

Well, legally I’ll be getting 9 thousand a year in child support which he is required to pay me all 4 years of college due to my parent’s divorce decree.



Will the support payments be paid to you or your mom? It will most likely still be paid to your mom and not directly to you. If it is paid to her, she does not have to apply it all to college (as her EFC is already reflecting the child support payments and she still must maintain a home for you).

Also keep in mind that your support payments will be done in increments (weekly, biweekly or monthly) depending on how it is being paid now to your mom. So it is not that you will have a lump sum of $9,000 o$ even 2 $4500 to make to the college.