Paying for College

How Will Child in Med School Affect Younger Child's FAFSA?

Question: How does having one child in college and one child in medical school affect financial aid for the college student, if at all? Does a FAFSA and/or other financial aid paperwork have a place for reporting this type of scenario?

According to Ann C. Playe (former associate director of admission and financial aid at Smith College ... and my own financial-aid guru), if your older child attends a medical school that requires a parental contribution, then your younger child's undergraduate college may take this into account, although officially the FAFSA will not.

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