Learning Library Quick Answers Financial Aid Planning

A client paid for college expenses out of pocket and is now experiencing some financial difficulties, Can she still apply for financial aid?


Scenario: Son will be junior in college this fall. Father is estranged and has not supported him for some time. The father will no....

A student has filled out the FAFSA months after his two siblings. Will this late registration affect the number in college and number in household questions?


Scenario: A client has three children that are college age. Two children started the application process several months ago, the t....

Are 529 withdrawals from a trust considered untaxed income for financial aid?


Answer: Not according to federal financial aid rules.Withdrawals are treated like any other distribution from a 529. However, some....

Are 529 withdrawals from a trust considered untaxed income?


Answer: Not according to federal financial aid rules. They are treated like any other distribution from a 529. However, some schoo....

Are Canadian universities eligible for federal financial aid funding?


Question: Are Canadian universities eligible for federal funding? Answer: Some Canadian universities are eligible to receive fede....