<p>“I feel like you simply read the title of this thread, without reading the posts. The money won’t be moved, but given back to grandparents. That wouldn’t make it our money.”</p>
<p>Sounds like the idea is to hide the money now by giving it back to grandparents. Your parents probably would inherit the money or get the money after you and your siblings finish college.</p>
<p>If your parents were able to give your parents $800 k for education and a house, they obviously have a lot of money to spare. I really doubt that there’s some emergency now in which they suddenly need money from your parents.</p>
<p>I think it’s unfair for your parents to expect colleges to give you need-based aid when your family has the resources for you and your sibs to attend college.</p>
<p>Most people in the U.S. have to take out loans – even borrow against their homes (which weren’t bought via monetary gifts from relatives) to pay for their kids’ college.</p>