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Re: 529 Plans to pay scholarships
Thank you! I am interested in hearing more from foundations that have adopted 529 plans as well. We have a lot of small dollar scholarships so I don't know if a 529 would be appropriate, but I will d…1 -
If SAI is not currency, then why is it used in the over award formula?
Federal Student Aid website states: Your SAI is not a dollar amount of aid you’ll receive, what your family is expected to provide, or your final financial aid offer. But also says: An overaward exis…2 -
Re: 529 Plans to pay scholarships
We haven't looked into it, but I do know that there are not a lot of families in our area with 529 plans. I am not sure what happens in that case? Do you ask the student to create one?1 -
Re: Coffee Talk: Funding Displacement and Scholarship Awarding Process
Federal over award law. I have to find the place where it says the school can use professional judgement to work around this. It was buried deep. Here is a link to a school's over award policy that i…3 -
Re: Navigating Colleges Payments Post Award
We send families a copy of the paperwork that was sent to the colleges. We'll get a few calls several weeks later from parents who have since called the school, with the school telling them that they…2
