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How can I hide my house-buying money from college so that I still get enough financial aid?

I've got upwards of 10,000 dollars in a mutual fund, and another 10 in my savings account, but my parents are dreadfully poor. How can I hide my money and save it for after college, thus recieving maximum financial aid?

Public Comments

  1. the money needs to be in someone else's name for this to work. They will know u have it. Its the only way i know of.
  2. It's 10k earning a big what 3-4 percent? It is not going to make a big difference on your EFC. Even with a 20k EFC you will still be able to receive your max.
  3. The correct answer is............ You should be honest when submitting information on your FAFSA. With that amount of savings it will be VERY unlikely that you will get a Pell Grant. Sorry.
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