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Reporting Prepaid Tuition Plans and 529 Plans on the FAFSA for Independent Students

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<b>I'm confused as to how to treat a prepaid tuition plan when applying for financial aid. I'm an independent student but I have a small prepaid tuition account which is held by a parent as account owner with me as the beneficiary. Since I don't list parent assets when filling out the FAFSA, do I need to list the prepaid tuition plan? If so, how does this effect my financial aid? Do I list the current value of the plan? <em>&mdash; Jim C.</em></b> The College Cost Reduction and Access Act of 2007 changed the treatment of qualified education benefits effective July 1, 2009. Quali... Full Story

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  • +11

    FAFSA Mistake for 165,000 Students: Are You One of Them?

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    Published 11 days ago | Rated: +11
  • +23

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    Published over 1 year ago | Rated: +23
  • +17

    Has Political Correctness Gone Overboard?

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    There’s controversy in the air, causing some to wonder: how far should schools go in terms of political correctness? [gate] According to the Huffington Post, the move that sparked the debate was Chapel Hill’s University of North Carolina striking the word “freshman” from all of its official documents in favor of term they've deemed more “gender inclusive.” The term “freshman” has ...
    Published over 1 year ago | Rated: +17