Grandparent Contribution

<p>My daughter's grandparents contributed last semester for college. Now, they are re thinking their upcoming contribution. They may hold it until graduate school. So, on the CSS profile/FAFSA forms, can I say they DID contribute but will NOT in the future? I have read so many variations on what people do what grandparent 529 contributions. My daughter hasn't received any money for this semester and apparently they are re thinking their contributions. It may be better to get money later for her i.e., last semester or just graduate school. If I file the FAFSA today, why would include anything but their last semester's payment? She hasn't received money for the new semester as of yet. Thanks.</p>

<p>The amount you put on FAFSA is what they paid on her behalf anytime between January 1, 2011 and December 31, 2011. It is reported as other money received by the student. You can leave it off expected income on the Profile - you don’t know that she will get it, and schools don’t really pay much attention to that, anyway. FAFSA doesn’t ask anything about expected income.</p>

<p>Thanks for the reply. I now realize I put too much on the CSS form. I guess I can have the college take another look with a new figure. I did say in the supplemental area that she MAY receive more funding.</p>

<p>You can always contact the college to explain.</p>