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

The correct answer to the question "For FAFSA purposes, which of the following assets is generally *not* counted when determining a student's or family's Student Aid Index (SAI)?" is Option B: The equity in the family's primary residence..

The other options — A) Funds held in a 529 college savings plan., C) Cash and savings accounts., D) Investment properties owned by the parents. — are incorrect for this College Advising question. As explained above: 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.