Shared Trust Fund?

Paying for College
1

<p>If a student has a trust fund but it's shared with all of her siblings, does she have to count all of it in her "assets" portion of the FAFSA?</p>

<p>For instance, say she has a trust fund of $50,000 but it's shared with four other siblings? Would she have to count $50,000 as assets, or would she only have to count $10,000? If it matters, I the trust fund lists all of them as beneficiaries (it's not specifically divvied up in any way).</p>

2

<p>It is allowed for her to count only $10,000 of the $50,000 trust. </p>

<p><a href=“Trust Funds and Financial Aid - Finaid”>Your Guide for College Financial Aid - Finaid;

3

<p>Thanks! I actually found that page, but I guess I missed the important part. That’s what I get for skimming… :"> </p>