How does owning an LLC affect financial aid?

Colleges & Universities A-Z University of Pennsylvania
1

<p>Hey, </p>

<p>Just wondering if anyone here at Penn knows this... how does a student
owning an LLC affect their financial aid? If a student owns 100% of the
LLC?</p>

<p>Thanks :)</p>

2

<p>It depends on how much it is worth and how much income it generates.</p>

3

<p>Any guidelines on that? What’s the difference if the LLC is worth 10 million dollars and generates pretty much no income or only worth $10,000 and generates $5,000 in income?</p>

4

<p>bump bump bummmmpppp</p>

5

<p>As in any credit decision or evaluation, financial aid takes into account the value of your assets as well as the income derived from them</p>

6

<p>Penn uses CSS Profile. They determine how it affects what they decide to offer you.</p>