Can a 529 hurt financial aid?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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Can a 529 hurt financial aid?

Postby nyjag22 » Sat Feb 27, 2010 5:39 pm

Can a 529 direct plan under the control of a parent (but with both the parent's name and the student's name on the account) hurt financial aid opportunities for a student entering law school? Essentially, should my parents keep contributing to the 529, or will a higher amount in this account hurt my chances for federal and school-based aid? Thank you in advance to those who comment.

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