The Sibling Discount Ends for College Financial Aid

Parents paying tuition for two or more children in college stand to lose some financial aid under new government rules. For years, the calculation for federal financial aid took into account a family’s income and assets, as well as the number of children attending school. The information, which parents plugged into the Free Application for Federal Student Aid form, or Fafsa, was used to determine how much a family could afford to pay annually, a number called the expected family contribution.