Is it a good idea to have as little as possible in assets when applying for Financial aid? I'm not talking about anything huge but between 55-70k in investments?
This occurred to me as I was looking at a schools LRAP where anything above a strict amount of assets (I think 10k) was required to be paid in.
Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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50-70K is pretty big in my opinion.........however someone stated in a previous thread that if your income is below a certain level (i think like 70K) then assets don't factor up to 50K. Not to hijack your thread but do cars count as assets?