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retired parents with kid applying for Ivy League scholarships

Started by Retired, January 16, 2022, 05:11:23 am

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Retired

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.

TheCollegeInvestor

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.