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CHANGE FINANCIAL-AID CALCULATIONS TO EXCLUDE 529s
"Exceptions should be created so that college applicants who plan to go on to graduate school can have their 529 accounts excluded from calculations about whether they qualify for undergraduate aid, says Dominick Ferraro, founder and CEO of College Select in Greenville, S.C. Aid isn’t as available for graduate students as it is for undergrads, Mr. Ferraro says. “Fellowships or assistantships available to grad students are extremely limited to the type of degree and to a particular student,” he says. Deferring use of a 529 plan until graduate school thus could be a good option for some."
 
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