Odd as it sounds, money held for a child in a 529 college account affects his aid eligibility far less than money in his name in a noncollege account.
Overseas aid is said to account for about half of Cambodia's annual budget.
To maximize aid, delay converting an individual retirement account to a Roth IRA since many financial-aid offices count any converted money as income.
That doesn't take into account any financial aid, scholarships and grants that may be available to students, but it does put those schools out of reach for many families.
We have also changed the way we deliver aid by launching the Millennium Challenge Account.
The United States would be wise to reshape its aid programme, to take more account of the paramilitary threat and of the need to strengthen the state.
However, there is little evidence of the generosity necessary to make it work: the Bush administration has so far been unable fully to fund its own ambitious bilateral-aid plan, the Millennium Challenge Account.
At colleges using the Profile aid method, the value of the account is treated as a student asset and is assessed heavily (at 25% a year).
Finally, Basel III is so focused on providing an immediate band-aid, it fails to take into account that as the economy eventually improves (slowed lending not withstanding), the needs of banks and small businesses will inevitably change.
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Worse, managed care companies are curbing reimbursements for prescription drugs, which account for 62% of Rite Aid's revenue.
Under the current federal aid formula, money in a 529 savings account owned by a parent counts the same as any other nonretirement parental financial asset.
It won't be easy: Mail-order services, new generic products and shrinking reimbursements from Medicare and Medicaid have hampered retail-pharmacy sales of prescription drugs, which account for 63% of Rite Aid's top line.
Had they left the money in a bank account they would have qualified for no aid.
In some cases they account for bigger flows of capital than aid or foreign investment.
And through the Millennium Challenge Account, my nation is increasing our aid to developing nations that expand economic freedom and invest in the education and health of their own people.
For instance, requiring financial institutions to maintain records on account holders is not terribly burdensome and can aid criminal investigations and prosecutions.
These cards loaded with money but typically not linked to a bank account can hold everything from financial-aid funds to an allowance.
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The only buildings that have been repaired are those that belong to the aid agencies, whose four-wheel-drive vehicles also account for most of the traffic on the roads - as well as a rare source of employment for Angolan drivers.
Well before the first aid application is due, a grandparent should transfer ownership of the account to a parent of the beneficiary.
And if borrowers place some of the withdrawal from a home-equity loan, a line of credit or cash-out refi in a bank or brokerage account, it will likely lead to a smaller financial-aid package for the next academic year.
If you are using a 529 plan to save for college, make sure the plan is listed under your name and not your child's, Mr. Chany says. (If necessary, you can easily change ownership of the account.) That way, you are apt to get more aid money.
If the parent or a dependent student owns the account, the Coverdell is treated as the parents' asset in the financial-aid process.
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