17 May Grandparents
Posted at 14:19h in College Prep
Given the ever-increasing cost of college, it is becoming more and more common to see grandparents helping out with some of the financing. Due to recent regulation changes, where the money intended for college is saved and how it is distributed can have a strong impact on the student’s financial aid. Imagine if you are just trying to help your grandchild with tuition payments one year only to find out it decimated his or her aid for following years! Whether you are a parent and know that a grandparent intends to help, or you are the grandparent looking to help, it is highly recommended to schedule a consultation so that all the details are understood.