CSS Profile Correction Dilemma

Paying for College
1

<p>I need to change my income for 2008. I did my profile months ago and my husband and I are self-employed and made much less this year than expected. I also need to change the estimate for next year. I contacted the schools and they said to printout the CSS Profile, cross out wrong info and replace with new info. </p>

<p>Here is the dilemma:</p>

<p>When I did my FAFSA my EFC was only $3,600.00. When I used the web calculators months ago they said my EFC was $10,000.00. On my CSS Profile where it asks what your family expects to be able to pay I put $8,000.00.</p>

<p>When I make my income corrections should I also change the amount I said I expect to be able to pay?</p>

2

<p>Yes.</p>

<p>It is never a good idea to submit the Profile before January 1 of the senior year. Unless there is a college that requires it because of ED or EA it should be submitted online at the time of the FAFSA. </p>

<p>Since you have done that, go ahead and make the changes on the Profile Acknowledgement and send directily via snail mail to the college(s) that you originally listed. </p>

<p>Change the estimated aid contribution from parents to $4500. Though it is slightly more than the FM EFC, IM colleges will expect nothing less.</p>