My fiancé and I would like to get married. However he needs Pell Grant for his college and I have a sizable trust fund. Is there anything we can do so my trust fund does not effect his Pell Grant?
Don?t get married. In fact if you consider marriage, see a lawyer to obtain a prenuptial agreement so as to protect your separate property from any of his creditors.
Your trust fund is your separate property so it should not weigh into any pell grant determination. That said, pell grants are based on need if you have a sizable trust fund, does your husband still need them or would it be taking advantage of the system?
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