How To Shelter Your Assets On The FAFSA Part 1
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How To Shelter Your Assets On The FAFSA Part 1
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About this listen
When it's time to fill out the FAFSA (Free Application for Federal Student Aid), many parents worry that having money saved may hurt their child’s chances of receiving financial aid for college. The truth is, the FAFSA does look at your income and certain assets (like bank accounts and investments), but there are smart ways to legally protect or "shelter" some of those assets, so they don’t count against you.
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