<p>I talked to a friend who was upset that the 529 they set up for their D kept them from getting aid. However, I know how much the dad makes (he is a public school employee), and I know that the mom has a good job … the D goes to a state school. The cold, hard truth is that the D would only have received Direct Loans with or without the 529. So the 529 allowed the family to pay for the D. Without it, they would not have received any more money than they received with it.</p>
<p>Something to consider …</p>