My DS is a rising Senior. We’re planning to do the FAFSA as soon as it’s available after Tuesday. My CSS profile questions are:
Do we wait to do the CSS profile after the FAFSA is complete?
Can we start the CSS profile now, but finish the income/asset information the same time we do the FAFSA?
For amount in cash/savings & checking, do we report the figures that are showing available on the day the CSS is completed? In other words, if a transfer or deposit won’t be available until later in that week (pay check deposit, for instance), do we only include what is appearing on that day and not include these amounts, since they have not occurred yet?
For NCP profile, NCP is not remarried and I have physical placement of DS, what should NCP report as the # in household and # in college? This is confusing. Also, should NCP not report any income/asset info for DS since I will have already included it on ours?
You can do the Profile any time after it becomes available for completion and submission.
You can if the 2020-2021 Profile is up and running.
You report assets as of the day you submit the FAFSA or Profile forms, so yes, pick the day before you get paid, or the day after you make a big purchase.
The directions for the non-custodial Parent Profile will be provided to the parent completing that form.