Financial Aid Changes
Families with multiple children in college may face significant financial implications due to the removal of the sibling discount in FAFSA calculations. While federal guidelines have changed, colleges still have the discretion to consider multiple siblings when awarding institutional aid. Additionally, starting in the 2024-2025 academic year, distributions from grandparent-owned 529 plans will no longer count as untaxed income, providing a potential boost to financial aid eligibility.In this clip
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460 | Are You Prepared for College? | Brian Eufinger
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