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-› ASSET PROTECTION ALLOWANCE
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Social Science Categories
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ASSET PROTECTION ALLOWANCE
A sum subtracted from a family's total assets when determining the "expected family contribution" to college costs. This provides a safety net for families, and the allowance increases with the age of the parents.
See also: DEFAULT , PROFESSIONAL JUDGMENT , DISCRETIONARY INCOME , BUSINESS FARM SUPPLEMENT , DEFERRED INTEREST |
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Petersons Dictionary of Financial Aid Terms INDEX:List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 A: Page 1 of 1.
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