Does FAFSA Consider Annuities?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    FAFSA does not consider annuities as long as the annuity account holder does not take payments from the annuity as income. There are other financial aid forms, such as the CSS Profile, that are used by many colleges in addition to FAFSA, to determine financial aid. CSS does consider non-qualified annuities.
    Answered on June 27, 2013
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