Posted inLocal News

How will Trump Accounts affect students’ financial aid? Families await federal guidance

THE FEDERALLY BACKED TRUMP ACCOUNTS, filled with $1,000 seed deposits for eligible newborns and contributions for some older children, may affect how much financial aid students qualify for through need-based scholarships once they enter college.  Trump Accounts are tax-advantaged investment accounts designed to help children under age 18 build long-term wealth. Family members, employers, nonprofits […]

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