How Do College Savings Affect Aid Eligibility?

Learn more about how savings contributions affect your student’s financial aid eligibility.

September 5, 2018

As you save for a child’s or grandchild’s future education, you might wonder what impact that saving will have on their chances of qualifying for financial aid. There are several types of financial aid (federal, state and institutional), but federal aid is the most widely dispersed and is based solely on financial need.

 

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