Parent Plus Loan as a non-custodial parent

[BelknapPoint]

The kid is taking the basic Direct loans which amounts to $31k over 4 years, plus interest.

$27,000 over four years, plus fees and interest.

But for the first years, any 529 disbursements could drastically reduce Financial aid.

For the first three semesters, based on a traditional academic calendar. OP can use funds from the 529 he owns starting January 1st of the student’s sophomore year without impacting the FAFSA EFC (again, based on a traditional academic calendar and assuming that the student will graduate in four years).