I am in a financial position to buy a house but my daughter will be going to college in 2012. I have excellent credit and a good income. How will a recent mortgage affect our borrowing ability for federal loans and her ability to qualify for need-based grants. I’m almost wondering if putting money into a down payment and going into debt on a house would be better than having a bunch of money sitting in a savings account when it comes time for colleges to decide who “needs” grant money.
Posts Tagged daughter
My mother wants to go to college seeking a degree. However, she wants to get financial aid. She keeps telling me she ‘ cannot ‘ because her daughter (my sis) got financial aid using my moms tax information since she supports her. Is this true that a mom and daughter cannot both receive financial aid for school at the same time? I need to know so I can figure out what she can do.
Martin County High School graduate engaged to Sen. Nelson’s daughter
STUART — Martin County High School alumni Mike Dixon, now an attorney, is going to marry the daughter of U.S. Sen. Bill Nelson , D-Florida, next month.
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