New here- What is held against you when applying for Financial AID ?

<p>How can I find out if Geneva college in PA will count our Home Equity against us? Which method do they use? The 50 acres came with our house, I would hate for this to be held against us for college educations for all my 5 kids. It is all stripped, has large cliffs on it, worthless land nobody would really want, but of coarse, the Tax office seems to think it is worth quite a bit, I would say by the time my son goes to college, our house & land could be worth as much as $200,000 even though my husband only makes about $50,000 a year. This is all so very confusing. Thank you for your replies, I need to read that other link . So how do the they determine what your house/property is worth---do you have to get an apprasal from somewhere & pay out of pocket, or do they just go by tax records??</p>