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Parent Financial Information - how much will it hurt to have OVER the assets of $21,300 on Fafsa?

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The Question >> "As of today, does the total amount of your parents' current assets exceed $21,300.00?".. "As of today, what is your parents' total current balance of cash, savings, and checking accounts?"... How is this calculated...it sounds if you have less than the $21,300 -it is safe then ?? they don't factor it in at all?? So what percentage to they deduct after reporting over this $21,300 ?? Last year this was much higher.. at $33,000 or something if I recall .... why so much lower this year.... wondering if we should help oldest son pay off some college loans to lower this below this amount ?? We are about $4,000 higher -when we report it... should we spend it ?? We'll also have 2 sons in college this year also.. Income at $60,000 Thank you

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