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436 | From Vision Board to Action: A FI Success Story | Rakesh

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How to Hack the College FAFSA Account

If you have money in your children's name, that's almost like assessed at about 50% for financial aid purposes. If it's in your name and your assets, it's only 5%. "It certainly makes a lot more sense in my mind to do what you're doing," he says of parents who keep the money in their own accounts.

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