WebDec 14, 2024 · An expose from ProPublica late last month revealed that several wealthy parents in Chicago, Illinois, gave up guardianship of their teenagers to qualify them for … WebJul 29, 2024 · Illinois Lawmakers Call Hearing to “Demand Answers” and Find Ways to Close a Loophole in College Financial Aid Scandal. Legislators said parents who turn …
Illinois Colleges Urge Lawmakers to Close Financial-Aid Loophole
WebMar 7, 2014 · The NCAA closed a loophole that had allowed senior football prospects who planned January enrollments in college to sign financial aid agreements with multiple schools. Although the change solves ... WebCollege Financial-Aid Loophole: Wealthy Parents Transfer Guardianship of Their Teens to Get Aid. Close. 632. Posted by 1 year ago. Archived. ... IIRC, financial aid is based on adjusted gross income not your actual gross income. I was able to get more financial aid assistance in the form of grants by putting more in my 401k and HSA … honolulu 1944
College Financial-Aid Loophole: Wealthy suburban parents …
Web2 days ago · The College Scorecard—the Department’s primary user-facing college comparison tool—was the most popular dissemination option, recommended by about 20 distinct commenters. Those who suggested this option highlighted that adding low-financial-value program flags to the College Scorecard would increase its usefulness for students … Web2 days ago · The maximum Pell Grant has risen just 6%. Note: The maximum Pell Grant award for the 2024-24 school year will be $7,395, up from $6,895 in 2024-23, a drop-in-the-bucket improvement. Grants, unlike ... WebJul 30, 2024 · Dozens of suburban Chicago families, perhaps many more, have been exploiting a legal loophole to win their children need-based college financial aid and scholarships they would not otherwise ... honolua