<p>Besides looking at this FSA handbook for 529, I scrolled down and looked at the “money received” section, page 22. </p>
<p>Loans? I thought loans from any source didn’t count? Someone like a grandparent (besides a parent) paid a dental or medical bill for you? Someone bought your books? What if an older sibling or a grandparent pays a child’s auto insurance for some reason? All counted as untaxed income? The non-custodial parent pays for something for the child that is not “officially” in the agreement - it counts against the student as untaxed income? </p>
<p>I’m sorry, but some of that seems extremely unreasonable. No wonder people try to stretch the truth on the FAFSA. Not right, but I can see why they would do it.</p>