Some parents have low taxable income certain years for different reasons. Often we have minimal taxable "income", yet a substantial net worth. Does anyone know how in depth the financial aid departments look at a parent’s net worth or is "income" generally the larger deciding factor? Of course "income" is always considered. I am asking if anyone knows how financial aid offices view high net worth – low (taxable) income situations?

I personally think that they do. If you notice on the FAFSA they ask for a lot of information regarding parents income, tax information, and assets. I think that the financial aid system is challenging because they are trying to be fair with determining what each student/family should get but they really don’t take into consideration or have a fair assessment of what each family can contribute based on the information that they gather. There are many situations where parents will say that they aren’t supporting their children or providing financial assistance in any way and they will refuse to provide the information which makes it difficult for the child to obtain financial aid. I think that they like to know what type of assets a family because depending on what it is could be possibly used to assist with tuition cost. I think that everything and anything that they ask is a factor in determining what your EFC will be.

Monticello Motor Club on High Net Worth television show

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I know at one time he used to be an actual billionaire until the XFL bombed big time. So today is his networth in the high 9 figures or the low 9 figures ?

surely in the high nines

Stew Gavin, President of Gavin Management Group and ex-NHL player, with Rob Carrick from the Globe and Mail discuss investments for high-net worth clients.

The Investor Education Fund is pleased to be cosponsoring this video series with the Globe and Mail called “Lets Talk Investing.” The series is hosted by renowned Globe and Mail columnist Rob Carrick and features prominent Canadian financial experts; discussing topics that are relevant to investors.

www.investored.ca

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given the tax exemption and its longevity.

i don’t know about dollar worth, but i read a long time ago, a list of the biggest land owners in the united states. the list went like this, 1. u.s.gov’t 2. insurance companys 3. catholic church.

How is that possible? I have a net worth higher than that and I don’t make half that. Somebody’s not good with a checkbook….I bet they’ll be good at fixing the economy don’t you think? Here is the proof.

http://www.washingtonpost.com/wp-dyn/content/article/2007/03/24/AR2007032400305_pf.html

No, those are the right numbers. Guess no one bothered reading the article……thats why Obama’s going to win, nobody likes to do the research.

Investments and book sales. the article only mentioned his advance, not his royalties.

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http://www.GovRegistryFiles.org

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yeh i know but i got into an argument and i just wanted to get an opinion of people

50 cent, He made 400 million dollars in a day and was named the highest paid celeb in 2008 by forbes mag

Winners were announced and awarded for Private Asset Management’s 7th Annual High-Net-Worth Industry Awards at the Pierre Hotel in New York City.

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50 cent made more than 100 million dollars in one year in the stock market zac efron made $19,000 for high school musical one use your imagination