<p>We have some neighbors (2 different families), whose children are both in expensive private colleges. Each of these families, who had not touched their homes since they moved in (20 years for one family, and 8 years for the other), suddenly had their homes nearly rebuilt (new roof, windows, siding, doors, etc.). One family had the entire interior gutted as well (new kitchen and baths, new floors, heating system-both homes got new heating systems, etc.). This all took place between sophomore and junior year of hs of their oldest kids. One did not get any FA (only merit aid) and there are 4 children in that household, but only one currently in college (they did apply for FA and I think they dumped their cash into home repair hoping for FA grants. After 2 years of tution bills, he is transferring to another fine school where he will get a discount since one parent just got a job there to lower costs). I have no idea whether the other family landed a FA package. I think fafsa forms should ask about home repairs done within the last 5 years. I understand normal maintenance. Rebuilding is more on the order of 2-4 new luxury cars. I was glad to see that one family definitely did not get FA, but I have no idea about the other family. I really do believe their home improvements were done with FA packages in mind. JMO.</p>