Siblings’ 529 Assets Don’t Count for Federal Financial Aid After the FAFSA Simplification Act, assets in 529 accounts are counted as parental assets only for the beneficiary of the account.
Some financial aid is distributed on a first-come, first-serve basis, so submit this free form as soon as you can.
There's no income limit for who can submit a FAFSA. Financial aid administrators consider your household income as well as your family size and other factors to determine aid eligibility.
Many college-bound students with undocumented immigrant parents are hesitant to submit federal financial aid applications as ...