Before filling out the aid application, he should hand the cash over to you, since the effective taxrate on your assets is only one-fifth the rate on his.
FORBES: Paying for College: How the Financial Aid Formulas Work
2.
Similarly, the taxrate on dividends would nearly triple in 2013, due again to the expiration of the Bush tax cuts and the application of the Medicare payroll tax to dividends as well.
FORBES: How Obamacare Will Further Explode the Deficit