We cash in with expert Paul Celuch from College Assistance Plus https://www.collegeassistanceplus.com
What are the pros and cons of the new NY Tuition-Free program and how will it impact college tuition in the future?
In the case of divorce:
Whichever parent makes less than $100K can claim to be the custodial parent, but you both have to live in the same city. The custodial parent needs to have supervision of the student at least 6 months and 1 day of the year.
The student's income does factor in to the $100K-$125K income cap