How Do 529 Plans Affect Financial Aid?
1 Assets include money, investments, certain business interests, and real estate, based on a sliding income scale and after certain allowances. Beginning in 2009–2010, a 529 account in a dependent student's name is considered an asset of the parents.
2 SavingForCollege.com, 2010, Does a 529 Plan Affect Financial Aid?
3 FinAid.org, 2010, Section 529 Plans , Mark Kantrowitz
4 FinAid.org, 2010, Account Ownership: In Whose Name to Save? , Mark Kantrowitz
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