1. Which of the following will have the greatest negative impact on a familys expected contribution calculation within FAFSA?
   1. A child holding money is a UGMA account.
   2. A parent holding $1 million in a 403(b) account.
   3. A parent holding assets in a Section 529 plan.
   4. A grandparent holding assets in EE or I savings bonds.
2. Which of the following decrease a familys expected family contribution with FAFSA?
   1. Holding assets in a Coverdell Education Savings Account.
   2. Holding assets in EE savings bonds.
   3. Holding assets in a Section 529 plan.
   4. None of the above reduce the expected family contribution.
3. Which of the following is considered a qualified education expense for the purposes of a CESA?
   1. Lab fees.
   2. Dorm (room) fees.
   3. On-campus food (board).
   4. All of the above.