Investments and Fafsa

[Averagemanboy]

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Not really sure where this thread belongs but I though I would get advice from students. I will be attending med school in the fall, and I just recently invested around 10k in stocks. Now I'm wondering if that's going to look really bad for future fafsa applications. Does anyone know the best course of action in this situation? Should I transfer my investments to someone else? or sell and put the money back in my bank?

 

[libertyyne]

Not really sure where this thread belongs but I though I would get advice from students. I will be attending med school in the fall, and I just recently invested around 10k in stocks. Now I'm wondering if that's going to look really bad for future fafsa applications. Does anyone know the best course of action in this situation? Should I transfer my investments to someone else? or sell and put the money back in my bank?

I think the money and stocks are going to look the same to FAFSA. I wouldn't transfer them to another person to avoid FAFSA implications, because that sounds like gaming the system. I wouldn't worry about it and just disclose.

 

[Pepe18]

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[ortnakas]

Med school doesn’t usually use need-based loans; assuming you have decent credit or a co-signer you should be eligible for the full cost of attendance regardless of how you utilize your accounts.