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Personal Finance (Not Investing) • Re: Bank balance Vs. Brokerage balance - effect on FAFSA form

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Cash, checking, savings appear on one line, taxable investments on another line, but they are treated the same as assets. They will be added together, subtract off a minimal asset protection amount (based on age, likely under $10k) and the result is multiplied by 12%.

Your income will be a much larger influence on the SAI.

Statistics: Posted by teen persuasion — Fri Oct 04, 2024 9:10 pm



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