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Aug
09
Positioning Your Income/Assets to Enhance Financial Aid Eligibility
Positioning Your Income/Assets to Enhance Financial Aid Eligibility What does it mean to enhance your financial aid eligibility? If you qualify for federal financial aid, there are a number of strategies you can try to implement to enhance the amount of aid your child will receive when you apply for financial aid. The idea is to lower your expected family contribution (EFC), which in turn raises your child's aid eligibility. Although some of these strategies can be employed as late as the base year—the tax year that your Free Application for Federal Student Aid form (FAFSA) will rely on—others can be implemented years before your child will be starting college. Note:  The FAFSA relies on current asset information but income...
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 Securities, insurance products, and investment advisory services offered through FSC Securities Corporation, member FINRA/SIPC. Additional insurance services offered through SGM Agency, LLC. Smith, Moses & Company, LLC and SGM Agency LLC are not affiliated with FSC Securities Corp.



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