What is the maximum reduction of financial aid associated with money in the student's parents' account?
A)5.6%.
B)12.4%
C)29.4%.
D)35%.
E)None of the above.

Question

Quizplus · Accepted Answer

The maximum reduction of financial aid associated with money in a student's parents' account is 5.6%. This is based on the federal financial aid formula, which considers up to 5.6% of parents' assets as available for college expenses.

What Is the Maximum Reduction of Financial Aid Associated with Money