[Hidden-tech] Sole proprietor "assets" for college

tom's gmail tomadams at gmail.com
Wed Aug 23 01:39:15 EDT 2017


Thanks for your responses. Yes Andrew, after some more digging it appears that assets such as bank accounts do NOT need to be included. This link explains it pretty clearly:
http://www.finaid.org/fafsa/smallbusiness.phtml



Regards,

Tom Adams, Director/Owner
www.ReelifeProductions.com
http://Folktography.zenfolio.com
(From the road / my virtual office/iPhone)
413.575.9707

> On Aug 23, 2017, at 12:47 AM, Andrew Bellak <Andrew at StakeholdersCapital.Com> wrote:
> 
> Hi Tom,
> 
> Gosh college seems expensive.
> 
> I was surprised to read that (for the most part) the assets do NOT count or have to be listed on FAFSA per these articles on a couple of the better college finance websites:
> 
> http://www.finaid.org/fafsa/smallbusiness.phtml
> 
> http://www.savingforcollege.com/blog/how-7-different-assets-can-affect-your-financial-aid-eligibility-716?page=5
> 
> Good luck!
> Andrew
> 
>>>>>> 
> Andrew Bellak
> CEO
> Registered Investment Advisor
> 
> andrew at StakeholdersCapital.com
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>> On Aug 22, 2017, at 6:59 PM, tom's gmail <tomadams at gmail.com> wrote:
>> 
>> Hello, fellow hidden-techers,
>> 
>> Does anyone know: Is the money in a self-employed sole proprietor's bank account considered "assets" for a family when determining financial aid for colleges. 
>> 
>> Regards,
>> 
>> Tom Adams, Director/Owner
>> www.ReelifeProductions.com
>> http://Folktography.zenfolio.com
>> (From the road / my virtual office/iPhone)
>> 413.575.9707
>> 
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