Could someone help me out? I've tried looking this up but this seems to be just out of my grasp. Pat and Chris are filling out the FAFSA for their daughter Clarisse. How can they reduce their assets to possibly qualify for financial aid?
by putting more money in IRA retirement accounts

by saving in the bank and charging more on credit cards

by saving more in a 529 plan for college

by putting money in checking accounts instead of stock accounts

Question

Could someone help me out? I've tried looking this up but this seems to be just out of my grasp. Pat and Chris are filling out the FAFSA for their daughter Clarisse. How can they reduce their assets to possibly qualify for financial aid?
    by putting more money in IRA retirement accounts

    by saving in the bank and charging more on credit cards

    by saving more in a 529 plan for college

    by putting money in checking accounts instead of stock accounts

anonymous · Answer

I'm pretty sure it's the first one. Not one hundred percent... Anyone else have any ideas?