Tag: financial-aid
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How an Inheritance Can Impact College Financial Aid—and Steps to Minimize the Effects
By JASON GRAY Pinnacle Law PLLC For families planning for the future, understanding how an inheritance could affect a student’s financial aid eligibility is crucial. The Free Application for Federal Student Aid (FAFSA) uses a formula that considers both the student’s and parents’ income and assets to determine financial need. Receiving an inheritance—whether during the…