Why is parent income taken into account for many post-secondary education financial assistance programs?

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Just because you have wealthy parents doesn’t mean that you have access to that money. To me it would make more sense to only take into account the amount of money they are putting towards your education.

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Anonymous 0 Comments

In Germany, your parents are by law required to care for you financially until you are either 29 or 27, forgot which age. Even most Germans don’t know that, but having low income parents and having received subsidised student loans from my government for 6 years (and having to strip bare any and all financial information of mine and my parents) I speak from experience…

If you get to see any actual money from your parents is a whole different thing though…

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