How should I handle my savings when applying for financial aid?
I have a good amount of money saved up in the bank, and soon I will be applying to colleges and all that jazz. I've been told that it's best to take your savings OUT of the bank to receive better financial aid, but this doesn't seem right to me.
The whole idea behind financial aid, is to help pay tuition costs for low income students. If you have money to hide, you probably have enough for tuition.