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

[Nechama Katan]

Yes each school asks for something different. Also from year to year they
change what is requested. There is FAFSA and then an additional college
board financial aid system. Check with the school.

On Wed, Aug 23, 2017 at 5:11 AM, Ira Bryck <ira at fambizpv.com> wrote:

> Some private schools ask for additional info, including business accounts,
> on what they call an institutional somethingorother
>
> On Aug 23, 2017, at 7:56 AM, tom's gmail <tomadams at gmail.com> wrote:
>
>
> 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 <(413)%20575-9707>
>
> 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
> www.StakeholdersCapital.com
> (o) 888-STK-HLDR (785-4537) x.2
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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 <(413)%20575-9707>
>
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Nechama Katan

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