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529_plans [2024/01/22 17:40] – [notes] raju529_plans [2024/01/22 17:44] (current) – [useful links I came across] raju
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 ==== useful links I came across ==== ==== useful links I came across ====
 +  * https://studentaid.gov/complete-aid-process/how-calculated
 +    * short and to the point
   * 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/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://www.thebalancemoney.com/how-529s-affect-scholarships-and-vice-versa-4153510 - How 529s Affect Scholarships (and Vice Versa)
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 ==== notes ==== ==== notes ====
   * COA – EFC = Financial need   * COA – EFC = Financial need
-  * Cost of Attendance (COA) – Student Aid Index (SAI) = Financial Need 
     * Example: If COA is \$30k and EFC is \$12k, financial need will be \$18k.     * Example: If COA is \$30k and EFC is \$12k, financial need will be \$18k.
 +  * Cost of Attendance (COA) – Student Aid Index (SAI) = Financial Need
     * You can’t receive more need-based aid than the amount of your financial need.     * You can’t receive more need-based aid than the amount of your financial need.
  
  
  
529_plans.1705945202.txt.gz · Last modified: 2024/01/22 17:40 by raju