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Yes, and that is mentioned in the article:

> Keep in mind that if you are planning on applying for financial aid for college, you will have no choice but to disclose your financial information when your child is a senior in high school. That’s because anyone who wants financial aid must fill out a form called the Fafsa. It asks for information about income and assets. Parents sign it, and so must the students; everyone attests to the accuracy of the information.



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