<p>All of my dad's stock $ goes to his IRA, and we obviously will not be getting this money anytime soon...does FAFSA consider this when calculating our EFC, and what else is considered an assest besides a business, farm, etc?</p>
<p>No, money in retirement counts does not go onto the FAFSA, if any of his contributions for the year to an IRA (or other retirement plan) are with pre-tax income, that does go onto the fafsa.</p>
<p>Other assets would include savings accounts, certificates of deposit, interest and dividend income (included in income), cash reserves (no not what is in your purse...but if you had $5000 in cash that counts as an asset), second homes or vacation homes, rental properties.</p>