Owning a condo affecting financial aid package?

[SilverItchyMous]

So I've learned that some schools calculate student contribution based on his/her last year income and savings. For instance, I know an instance where school adds the student income and savings and then divide that by three to calculate the student contribution portion. Generally, do schools also take account the value of your stock portfolio and real estate properties?

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[DrMidlife]

Yes they do. Generally your net worth and income affect whether you'll get free money such as grants and scholarships.

Net worth and income generally do not affect your ability to get federal student loans.

Best of luck to you.