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the claim

A parent-owned 529 college savings plan is reported as a parent asset on the FAFSA.

the verdict
SUPPORTED
the evidence backs this
Recorded sources
1 source for · 0 against

Counts group repeated records of the same source within each side. They do not measure evidence strength or source independence.

Is it true that a parent-owned 529 college savings plan is reported as a parent asset on the FAFSA?

Yes. One reference source states that under the College Cost Reduction and Access Act of 2007, 529 college savings plans are treated as an asset of the account owner, typically the parent, which is the FAFSA treatment the claim describes. The remaining retrieved items concern 529 fees, tax incentives, or unrelated topics and do not address FAFSA asset reporting.

Verdict: SUPPORTED · 1 source for, 0 against · Last checked

The private library was unavailable for some searches in this check. Missing library results are not evidence against the claim.

Evidence for · 1
529 plan
Get citation
529 plan. (n.d.). en.wikipedia.org. https://en.wikipedia.org/wiki/529_plan

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