The Student Loan Debt Forum | The College Investor

Student Loans => Ask a Question => : Retired 16, 2022, 05:11:23

: retired parents with kid applying for Ivy League scholarships
: Retired 16, 2022, 05:11:23
Do Ivy League universities include the savings of retired parents in their calculations for scholarships? We have very small pensions and need the cash to live on for (hopefully) next 20 years.
: Re: retired parents with kid applying for Ivy League scholarships
: TheCollegeInvestor 16, 2022, 10:18:26
There is what's called an Asset Protection Allowance, which excludes some savings for the calculations for FAFSA. However, it's basically near-zero these days. Learn more: Asset Protection Allowance (https://thecollegeinvestor.com/37967/fafsa-asset-protection-allowance/).