College Funding Planning Services

[GAHEALTH]

Maybe I misunderstood but where is home equity reportable on a FAFSA form?

It's not. It is considered with the institutional method though. Most people put down the wrong amount for the equity anyway. They should consider what a fire sale of their property would be like (amount they need to pay to fix up the place - the commissions they have to pay the realtor, the price they would need to price it at in order to get a quick sale, then take off what they currently owe.)

 

[sgs]

private colleges that use the im method in many cases include home equity,business assetts,family farm, assetts that public schools which use fm method do not consider.
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Private Institutions require a different form thats why you dont see it on the FAFSA.

 

[DHK]

Circle of Neighbors guy changed his name to cover accusations of fraud in his past.

 

[Tahoe Ray]

private colleges that use the im method in many cases include home equity,business assetts,family farm, assetts that public schools which use fm method do not consider.
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Private Institutions require a different form thats why you dont see it on the FAFSA.

It was the wording on your original post...you specifically mentioned expected family contribution and FAFSA as it pertained to home equity....just a misunderstanding.

 

[sgs]

you are correct,sorry.

 

[joshminer]

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