Home value exemption

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Discus: Financial Aid and Scholarships: April - August 2003 Archive: Home value exemption
By Rhino (Rhino) on Monday, May 12, 2003 - 03:32 pm: Edit

which colleges/universities exempt home value from the calculations for fin aid?

By Rhino (Rhino) on Monday, May 12, 2003 - 07:42 pm: Edit


By Collegeguy (Collegeguy) on Monday, May 12, 2003 - 08:36 pm: Edit


By Colres (Colres) on Tuesday, May 13, 2003 - 09:12 am: Edit

State schools do not look at the home valuation because they work from the FAFSA. To see which private schools do would be difficult but go to individual websites and in their financial aid section, they should tell you what forms they take. Usually if they have an institutional form, they will ask. Also, there is a formula called the federal housing multiplier index. It values the house for you, using current appreciation tables. Find it on the Financial Aid Page.
Good luck and God Bless
KA MacBeth

By Rhino (Rhino) on Wednesday, May 14, 2003 - 03:48 pm: Edit

any other colleges that do not use home value as a factor in fin aid?

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