<p>4kidsdad, I’m not sure that is going to cut it if the funds are sitting in a bank account. In fact I am pretty sure it is not. My close friend had funds earmarked to start a business, (which he did during the year) after a payout when he left his job. He had two kids in college then on some financial aid, and both schools zinged him fully despite many phone calls, discussions, letters and full disclosure, and this is a successful businessman who has had many proposal accepted, He knows how to positon a situation. He finally, had his kids take a gap year since it involved $20K in grant money at stake, and he knew that the next couple of years were going to be truly low income while he got his business going. And so it went. One kid’s school was an ivy, and the other a top 25 university, and neither would budge.</p>