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How are trusts treated for financial aid purposes?
We were told by her college that we were not eligible for the financial aid since she is a beneficiary of a trust.
Mr. Lowenstine established a trust that has been providing financial aid to about 70percentt of the school's diverse student body.
In addition, colleges and universities are prohibited from working together to make improvements in financial aid policies, namely merit aid, for fear of anti-trust violations under The Need-Based Educational Anti-Trust Protection Act.
Amherst says it is a rule that any trust makes a student ineligible for financial aid.
Robin assumes correctly that being the beneficiary of a 529 account (or a trust) counts against a student's eligibility for financial aid.
People donate because they know the United Way and trust it to pass along grants and other financial aid to nonprofits that will spend it well.
Rather, the trust fund must be reported as an asset on the Fafsa, and often the size of the trust is sufficient to eliminate eligibility for need-based financial aid.
Butts was a trusted confidant who first met Obama in the financial aid office when they were both at Harvard Law School in the late 1980s and early '90s.
Schools in Mumbai are either "municipal schools" (run by the BMC) or private schools (run by trusts or individuals), which in some cases receive financial aid from the government.
Help! – Stkoda A trust fund does not automatically make a student ineligible for financial aid.
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