FAFSA question - Proceeds from Mutual Fund sold at a loss

Paying for College
1

<p>D is a H.S. senior. Are there any FAFSA considerations I should be aware of if she were to sell off her modest mutual fund investment (UGMA) this year? Is it correct that if there won't be a gain, and the money is spent for her benefit before the date the FAFSA is prepared/submitted there would be nothing that would affect (increase) her EFC?</p>

2

<p>That is correct. May actually increase her EFC if she had taxable income that this loss would reduce.</p>

3

<p>I think you mean it could decrease her EFC if the capital loss decreased AGI and it was above that approx. $4800 amount?</p>

4

<p>Yes. Sorry. Typo. Change my response to “decrease”</p>