🏫 College Advising

For FAFSA purposes, which of the following assets is generally *not* counted when determining a student's or family's Student Aid Index (SAI)?

A Funds held in a 529 college savings plan.
B The equity in the family's primary residence.
C Cash and savings accounts.
D Investment properties owned by the parents.

✓ Correct Answer: Option B

Under current FAFSA methodology (for the FAFSA Simplification Act), the equity in the family's primary residence is no longer included as an asset in the Student Aid Index calculation.

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