How a Grandparent's Help With College Tuition Affects Financial Aid

by Kimberly Lankford, Contributing Editor, Kiplinger's Personal Finance Sep 07, 2018 2 minutes

[Question]I read your column about how you can avoid the gift tax limits by paying a grandchild's tuition directly to the college. But wouldn't this affect the student's eligibility for financial aid?

[Answer]Yes, paying your grandchild's tuition could have a big impact on financial aid in future years. That may not

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