<p>When you do the profile on-line based on your information, you can be granted a fee waiver on the profile.</p>
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<p>For the fourth consecutive year, PROFILE fees will not be increased. The fee for reporting to each college or program will continue to be $18 and the PROFILE registration fee will remain at $5. Thus the student will pay $23 for the first school report and $18 for each subsequent report. The fee for submitting the Noncustodial PROFILE application is $23 regardless of the number of school reports.</p>
<p>The PROFILE service provides fee waivers to entering students (first-time, first-year filers) who do not have the means to pay for the application. In an effort to reach as many qualifying students as possible, the PROFILE fee waiver process is fully automated based on the family and financial information contained in the application. Automation has allowed the College Board to more than double the number of fee waiver recipients over the past three years.</p>
<p>Please note important information about the 2007-2008 PROFILE fee waiver program:</p>
<p>• The PROFILE fee waiver program uses the USDA reduced price lunch income guidelines, based on the CSS Institutional Methodology (IM) definition of total income.</p>
<p>Effective with the 2007-2008 processing year, the PROFILE fee waiver program will no longer count the parents’ Earned Income Credit (EIC) as untaxed income when determining eligibility for the waiver. However, dependent students whose parents report net assets in excess of $29,600 will not be eligible for a fee waiver. The same criteria are used to determine fee waiver eligibility for filers who are completing the Noncustodial PROFILE application.</p>
<p>• The fee waiver covers the costs of the registration fee and up to six school reports for first-time, first-year applicants. Students may apply remaining fee waiver eligibility to cover the charge for adding PROFILE school reports after submitting the initial application.</p>
<p>• There is no payment required until the application is submitted. When the students reach the Submission page, they will be notified of their charges or their eligibility for a fee waiver. Students may pay using a credit card, debit card, or an online check.
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<p><a href="http://www.collegeboard.com/prod_downloads/highered/fa/PROFILE_0708_payment_info.pdf%5B/url%5D">http://www.collegeboard.com/prod_downloads/highered/fa/PROFILE_0708_payment_info.pdf</a></p>