Most Finincial aid programs require you to list
“Other Assets”, now to control an LLC, or LLP
or something like that, you need to value it.
You need to list it as worth something, and given it’s
holding assets, those assets have value.
Look, what you need to do, is either suck it up and pay for this,
or put off school. The aid isn’t just for the color of your skin
it’s for the poor.
God bless, you aren’t poor, so don’t steal their pennies.
now if you want, you could convert the asset into something different,
say an annuity, that gives you $100/month this month,
$200/month next year, etc, etc, etc, until it expends itself
then you report the income, and list it as an annuity payment,
but tey may ask to see the annuity value in NPV, and that
would still be the same.
