<p>*sorry to bring this up again but with the private colleges we’re looking at costing 50k-60k per yr wouldn’t it be worth bringing down my EFC to 45k from 65k? Wouldn’t any EFC under the cost per year be worth something?
*</p>
<p>those privates are asking for CSS Profile, right? if so, then putting those properties in a LLC will not protect them from being considered. CSS Profile doesn’t use FAFSA rules about “businesses”. The value of those properties are going to count no matter where you put them as long as you own them. </p>
<p>this about it…those Profile schools are giving away their own money. They’re not about to overlook people’s efforts of financial gymnastics and give them more money. They will see that you have those assets and include them.</p>
<p>If the privates aren’t asking for CSS Profile, then they likely don’t give good aid, so reducing your EFC wouldn’t likely matter.</p>
<p>Weren’t you looking for merit aid? Has that changed? Or are you now willing to spend $45k+ per year for college?</p>