Understanding the FAFSA "grandparent loophole"

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Published 2024-04-26
Students will not have to answer questions regarding grandparent contributions on the new FAFSA forms for college tuition assistance. Jillian Berman, a deputy enterprise editor at MarketWatch, joins CBS News with more details on the "grandparent loophole."

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All Comments (4)
  • @sunnydaysatl
    FYI I work in financial aid office most people didn’t even report it in the past anyways.
  • @dianahill5116
    Once again, wealth has privileges. *Close the loop-hole. ____ Are people not going to have to, disclose money for a business or house or rental agreement? Are politicians not going to have to, disclose where their campaign donations came from? **Possibly, causing commingling of funds? _ Are people going to do this, with car loans?