on a more serious note..

Transfer Students UC Transfers
1

<p>about FAFSA..
when reporting your parents' total assets, the form asks for the total contents of their bank accounts (checking / savings). however, on a pamphlet i picked up from the fin aid office at school, it says that it's not necessary to report certain monies set aside for retirement (like the value of the home you/your parents live in).
my question: do CD accounts qualify as 'monies set aside for retirement'?
if they don't, i'm guessing my EFC would drop by half, if not more, which would be pretttttty cool</p>

<p>also, do the numbers rendered by FAFSA award estimate calculators (like this: Financial</a> Aid Estimator for the Univeristy of California, Berkeley - Main) also include estimated CALgrant awards?</p>

<p>thanks.</p>

2

<p>No, the only thing that qualifies as retirement savings are formal plans like IRAs and 401K’s.</p>

<p>And no, FAFSA is just Federal, it covers Pell Grants, subsidized loans and work study.</p>

3

<p>sweet.
thanks.</p>