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Aug 11 2011

A question regarding how parents’ tax/business records affect their children’s college financial aid?

My sister’s daughters get some kind of financial aid from their universities. My sister is considering starting a new business but she is concerned that the records of her owning a new business(with the Tax ID and income records) will make her daughters not qualified for their financial aids.
Pleas give suggestion of sources of facts that we can look into.

This conversation was published at Accounting Services of Charlotte, NC

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