529_plans
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Table of Contents
terminology
- FAFSA - the Free Application for Federal Student Aid
- EFC - Expected Family Contribution
- COA - Cost of Attendance
FAFSA
- Managed by US DoE.
useful links I came across
- https://www.thebalancemoney.com/will-529-plan-hurt-your-financial-aid-chances-4151976 - Will a 529 Plan Hurt My Child's Chance for Financial Aid?
- https://www.thebalancemoney.com/how-529s-affect-scholarships-and-vice-versa-4153510 - How 529s Affect Scholarships (and Vice Versa)
- https://finaid.org/calculators/finaidestimate/ - Expected Family Contribution (EFC) Calculator
notes
- COA – EFC = Financial need
- Example: If COA is $30k and EFC is $12k, financial need will be $18k.
529_plans.1705944735.txt.gz · Last modified: 2024/01/22 17:32 by raju