Welcome to StudentsForum.net!
FAQFAQ    SearchSearch      ProfileProfile    Private MessagesPrivate Messages   Log inLog in

Stock Investments and Financial Aid

 
   Your Students Forum and Resource Site! (Home) -> Government Grants RSS
Next:  How does Federal Work Study affect Stafford loans..  
Author Message
kb1jec

External


Since: Sep 17, 2006
Posts: 1



(Msg. 1) Posted: Sun Sep 17, 2006 10:56 pm
Post subject: Stock Investments and Financial Aid
Archived from groups: soc>college>financial-aid, others (more info?)

If I have stock holdings, will I be required to liquidate them to
finance college? I would prefer to put all/most of my college expenses
on federal loans and continue making a decent return in the markets.
New to all of this, sorry if this has been asked before.

Doug

 >> Stay informed about: Stock Investments and Financial Aid 
Back to top
Login to vote
Charlie Perrin

External


Since: Sep 18, 2006
Posts: 1



(Msg. 2) Posted: Mon Sep 18, 2006 6:50 am
Post subject: Re: Stock Investments and Financial Aid [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)

On 17 Sep 2006 19:56:26 -0700, wrote:

>If I have stock holdings, will I be required to liquidate them to
>finance college? I would prefer to put all/most of my college
>expenses on federal loans and continue making a decent
>return in the markets.
>New to all of this, sorry if this has been asked before.

It may have changed since I went to college, but students were
expected back in the Dark Ages to liquidate a maximum of 35% of their
assets.

 >> Stay informed about: Stock Investments and Financial Aid 
Back to top
Login to vote
Steve Blank

External


Since: Jun 25, 2003
Posts: 261



(Msg. 3) Posted: Mon Sep 18, 2006 10:30 am
Post subject: Re: Stock Investments and Financial Aid [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)

For the 2007-2008 college year, in the case of a dependent student, a
flat 20% of the value of any student assets are expected to be spendable
for college. From the parents assets it is a sliding scale to a maximum
of 5.64% of assets above an asset protection allowance based on age.

For an independent student, without dependents other than a spouse, it
is 20% of assets above an asset protection allowance based on age. The
allowance is zero at age 25 and increases for each older year.

For an independent student, with dependents other than a spouse, it is a
sliding scale to a maximum of 3.29% of assets above the age-based asset
protection allowance.



Steven B. Blank
College Financial Aid Consultants
29 Ives Hill Court
Cheshire, CT 06410
(203)250-7761


On 9/17/2006 11:50 PM, Charlie Perrin wrote:
> On 17 Sep 2006 19:56:26 -0700, wrote:
>
>
>>If I have stock holdings, will I be required to liquidate them to
>>finance college? I would prefer to put all/most of my college
>>expenses on federal loans and continue making a decent
>>return in the markets.
>>New to all of this, sorry if this has been asked before.
>
>
> It may have changed since I went to college, but students were
> expected back in the Dark Ages to liquidate a maximum of 35% of their
> assets.
 >> Stay informed about: Stock Investments and Financial Aid 
Back to top
Login to vote
Display posts from previous:   
Related Topics:
Why can't I get financial aid? - Hello, I am seriously confused about my financial aid (i.e.. lack of it!) I just graduated Summa Cum Laude with a B.A.. I had nearly all A's, including all of my sophomore, junior and senior years, and all of my upper division classes. After my first....

Stupid Financial Aid Office... - I was $2800 short after all of my grants and federal loans, so I got a CitiAssist loan for the remaining amount of $2800 for the year. In September, the college mailed me a "refund check" for $825.00. I was quite happy as I didn't even expect ...

Need some advice on undergraduate financial aid! - Hi, I am over 25 but don't have major permanent income. I am enrolling fulltime this year. My college annual bill is expected to be around $15,000 including books and fees. My EFC from FAFSA is around $1000. What federal grants and programs I qualify fo...

Responsibility of Financial Aid Counselors - Is there a governmental body that governs what Financial Aid Counselors (at the college level) must do for a student, or is it a free-for-all? The reason for the question - A few years ago I went to a private college. Every year I met with the..

time bar - HI, Do federal insured student loan have a time bar on them? Like a statute of limitations on them? How many years can they go after me for non payment? Thanks
   Your Students Forum and Resource Site! (Home) -> Government Grants All times are: Pacific Time (US & Canada)
Page 1 of 1

 
You can post new topics in this forum
You can reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum



[ Contact us | Terms of Service/Privacy Policy ]