Financial Aid Questions

How safe is it to rely on financial aids? Is there a thorough guide for filling a financial aid form? How long would it take?
Should I apply for financial aid if I applied for a scholarship that would fulfill my financial needs, but I’m not sure whether I get that scholarship or not?

Thank you.

What schools did you apply to? What scholarship did you apply for?

Yes, you should apply for financial aid, if you need financial aid and might qualify for it.

If you get a scholarship, need based financial aid can be awarded if there is unmet need.

If your family income is low you might qualify for federal grants. You might qualify for state aid depending on income.

What do the schools you applied to require for financial aid forms?

Colleges have net price calculators on their website. It can give you an estimate of aid you might qualify for.

Yes…if you need money to attend college, you should,complete the FAFSA and the Profile (if required), and check each of your colleges for what they require for financial aid applications…and the DEADLINES.

If your merit award is automatic, and you plan to attend THAT school…why would you be wasting moneynaoolying to the others at all if you don’t know if you can afford to attend?

If you identify a college that is requesting 2016 tax returns for financial aid for the 2017-2018 academic year, please let us know.

@BelknapPoint - Will do. So far the colleges are accepting the 2015 returns for the 2017-2018 FAFSA. Colleges requiring a new CSS Profile are requiring 2016 estimates. Again, this is for renewal FAFSA/CSS. May not be the same for first-time filers.

It’s the same for first time filers. Profile also asks for 2017 income estimates.

I know. The CSS regularly asks for estimate of next year. This is why I thought that even for renewals schools asking for CSS will eventually ask for 2016 returns to confirm estimates.

No, I don’t believe they will. Once the tax return has been completed, it’s no longer an “estimate.” Waiting for the 2016 tax return to be completed and then having to submit a copy of that return, as well as the 2015 return, would completely defeat the purpose of going to prior-prior-year reporting.