Buying a home for uc student

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<p>Which in the OP’s case, it would indirectly do. Instead of paying for her kid’s college costs, she’d use the money for a family investment, and then she’d get tax payer assistance to pay for her kid’s college. <<<</p>

<p>Unless, of course, a person uses their financial aid money (and maybe money from roommates) to pay a mortgage or lease-to-own instead of paying for room on a college campus. That is possible but the problem is that the people most likely to get that much financial aid don’t have the $ to put down on a house and don’t have the income to qualify for the mortgage. If someone has a rich grandparent willing to cosign on the mortgage, they could use financial aid to build equity and I don’t think it would be against the rules.</p>