Strategy for Zero FAFSA EFC with high CSS net worth

college1970
Mon, 15 Oct 2018 23:08:17 +0000

Hi everyone. My parents had a business they opened 25 years ago. They made money and saved it. They closed it 5 years ago and now have odds and ends jobs. Their homestead is paid off. It’s worth about 300K. Property taxes 2500. They do not receive any kind of aid from government like Snap or reduced lunch. Or Medicare or anything like that ever. Not even unemployment. Ever. They just made money and saved it and now they are just coasting. They are both 50 years old. Maybe their savings will last until they die. Maybe it won’t. I dint know. Maybe they will both get jobs eventually. They don’t seem to be really stressing about it. They are enjoying their time w my younger siblings and living frugally off their savings. I have no idea if that’s the same amount they will give my siblings. They wouldn’t give me anything if I went to a local public university bc it would be free for me. But when I expressed interest in going away to a small private college they said they’d give me 20k a year max. That’s it. So I’m just trying to see if I can work w that. If not, I realize I can go to a public Florida school.