Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are 529 Plans, assessable on the FAFSA form?

April 26, 2017ASSESSABLE FAFSA form plans

0

Posted

Are 529 Plans, assessable on the FAFSA form?

1 Answer

0

Posted

These are non-assessable, but the annual amount of the distribution will be considered a “resource” and will reduce the financial need; college will reduce the amount of student’s eligibility for financial aid.