Should I take a subsidized loan?

mommdc
Wed, 14 Sep 2016 14:13:59 +0000

My D is taking her sub loan this year and saving it for grad school.

We are keeping it in a separate account so we can exclude it from having to be reported as part of student assets on the FAFSA.

I will keep her financial aid statement from the school showing that she was issued that exact amount as a loan refund. So I can prove that this money is financial aid and doesn’t have to be reported as student asset on FAFSA.