<p>Is there any way in which the college may verify the information provided in the CSS Profile (international student)? More specifically, is there a verification process like there is for FAFSA? Am I obligated to provide banking statements? </p>
<p>You might be asked for them. Keep it honest and it won’t be a problem.</p>
<p>You will be contacted by Collegeboard to submit IDOC later on. Just follow the instruction and it will list the information requested by school(s). You just need to send it once and they will sort it out and send to each school what they requested.</p>
<p>So does the IDOC contain only the tax statement? </p>
<p>It depends on the school. The list is very long but you only need to provide the items that are checked in the boxes. </p>
<p>Some schools using Profile do NOT use IDOC.</p>
<p>Yes, some schools would just use FAFSA data to verify CSS profile.</p>
<p>The College Board has a list of which schools do use IDOC:
<a href=“CSS Profile Participating Institutions and Programs”>CSS Profile Home – CSS Profile | College Board;
<p>Many don’t.</p>
<p>One of our kids was verified all four years. It was actually laughable because he didn’t receive a penny of need based aid. His was a Profile school. They did not use IDOC. What they asked for varied from year to year. </p>
<p>But freshman year, we were asked for two years of income tax returns including all schedules, and they wanted our most recent bank statements as well. We were also asked to send w-2 forms. </p>
<p>Anything goes. You are asking for the school to give you money…and it is well within their right to verify that the finances you are reporting are fact.</p>
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</p>
<p>Is this still your (top heavy…no matches or safeties) list?</p>
<p>These schools have very generous need based financial aid…and they absolutely will want to be sure your reported finances are accurate. Well within their right to do so.</p>
<p>I have added modified the list a bit. This is the final one:
Boston U
Brown
Case Western Reserve University
Columbia
Dartmouth
Duke
Harvard
John Hopkins
Northwestern
Tufts
UPenn
Vanderbilt
Washington University in St. Louis
Yale
MIT
University of Texas at Austin</p>
<p>The reason I’m asking is that both me and my parents have large sum of money saved to cover med school. I want to know if it’s worth the trouble to temporarily transfer that amount to another person when I am submitting the CSS profile. Or since the bank statements are voluntarily submitted it is possible to omit one or two bank accounts. Please note that I am an international applicant so I don’t think there is a way they could directly check the account balance. </p>
<p>I’m not doing this from malice or greed but this money was destined through a will towards medical school. </p>
<p>That sounds fraudulent.</p>
<p>So let me get this straight. You are hoping a college will cover your costs to attend undergrad as an international student so you can keep the money saved for medical school? </p>
<p>I would call this greed.</p>
<p>Please find a less expensive college to attend in your own country. </p>
<p>ETA…if the school ASKS for your bank statements, it is NOT voluntary to send them.</p>
<p>Listen, if your parents have $300,000 socked away for medical school. (That’s how much it costs here), why didn’t they sock away money for undergrad too. AND if their income supports this kind of savings, you might not qualify for need based aid anyway.</p>
<p>If you are asking whether you can cheat to get more aid, the answer is obvious.</p>
<p>You will have to verify your ability to pay as an international student to get your student visa. That’s a process separate from the school’s verfication many times. And they want certification of that info. Look up what is needed for that.</p>
<p>As for hiding money, whether it’s under the bed in a box or giving it to a friend to hold, that’s fraud. </p>
<p>Yes, the schools that give aid to int’ls have the means to check…that is one reason why they give aid and other schools don’t. </p>
<p>If you want to save your “med school nest aid” for later, then you should look at schools that will give you large merit for your stats.</p>
<p>(Yes, you are being greedy. You’re expecting one college to give you THEIR need-based aid (by lying) , so that ANOTHER school can get your med school money. If you want to save your med school money, then go to a school that will give you large merit for your stats. </p>
<p>razaza, it sounds like this money was an inheritance of some kind or maybe a trust that was intended for you to use to pay for medical school (‘destined for medical school’) but that kind of family ‘earmarking’ of funds for particular uses does not exempt a college from considering those funds as resources available to you. It is no different from a family saying, we have 300K but that money is saved for a a vacation property, or a boat, or even another child’s education. It doesn’t matter what you’re saving the money for - that’s your choice - or your family’s choice -it’s not the college’s responsibility to step in and meet the gaps in your family budget. Does that make sense to you? If you choose to spend that 300K for med school rather than UG, then it’s your responsibility to find the money for UG. Your colleges
have tremendously generous FA policies that go way into 6 figure incomes - if you don’t qualify for their FA, you really don’t need it. </p>
<p>Your family may have to tighten their belts in lots of ways. There are very very few families who do not make sacrifices for education. Some of us make huge lifelong sacrifices for our children’s education. In any case you should do a 180 in your thinking right now and start figuring out how you can pay for both UG and med school, rather than how you can con a college into paying for you. That’s harsh language but it’s the truth. I can’t imagine your parents would support you in hiding that money! Worst case scenario is you manage to hide the money and get substantial FA grants from one of your schools…then the hidden funds are discovered and you have to pay the school back in addition to potentially losing the time you’ve invested in an UG degree. </p>
<p>You may decide that it’s worthwhile to spend some of those saved funds on an excellent UG education at one of the selective US colleges on your list and then figure out how to close the gaps in med school funding later once you have a great UG education/degree (e.g. scholarships, loans, work, selling something of value)…you can pay full freight at Harvard for half what private med school will cost you so you will still have substantial money saved toward med school even if you were full pay UG. OR you may feel it’s prudent to save all that money for med school and try to find an affordable UG educational alternative either in the US or your home country. Some ideas in posts above. There are many creative ways to manage tuition without breaking/bending the rules. I had a friend who attended a non HYP Ivy with me - when it came time for med school and he couldn’t afford most med schools he was admitted to, his parents moved to Texas so he could get instate tuition at med school there (excellent public med school btw). He lived with his parents, graduated from med school without debt and they all moved back to the Northeast. This is not a feasible or desirable plan for most families but my point is that it is up to the family to make it work, not the college. </p>