<p>oxnard…</p>
<p>First…do you realize that you earn too much for your child to get F/A?</p>
<p>Secondly…are you under the impression that F/A is free money? F/A is usually student loans and “some” work-study programs. Even if your son could somehow be awarded some F/A, what good is it if it’s just a bunch of student loans? I realize that the term “financial aid” implies some kind of gift…but it’s not. Only those families with VERY LOW incomes qualify for a little bit of free money for their kids’ education (very little bit!!)</p>
<p>Therefore, why don’t you just loan your own money to your son for college. At least he won’t have to pay the interest rates that student loans charge. Or, better yet, if you can afford to buy this extra home, then you can afford to pay for a UC education.</p>
<p>Please understand that F/A awards (which are mostly subsidized student loans and some work/study programs) are for truly needy families. Subsidized student loans are not for families who play games to hide money or mislead FAFSA.</p>