No the FAFSA does not generally count annuities in its calculation for Expected Family Contributions.
Though the FAFSA does not include annuities, some colleges and universities use proprietary methods for calculating family contributions which may include annuities and their cash values. These methods generally involve additional forms that ask certain questions not asked by the FAFSA.
Though the FAFSA does not include annuities, some colleges and universities use proprietary methods for calculating family contributions which may include annuities and their cash values. These methods generally involve additional forms that ask certain questions not asked by the FAFSA.