<p>FAFSA is only for Federal funds, the Y calculator includes both Federal and Institutional monies. Since Y is a very well endowed school, many people who don’t qualify for Federal aid do receive grants & WS from Y even though they include more information, like home equity, in their calculations.</p>
<p>For instance, we have never qualified for Federal funds, but have received Institutional FA from Y and another private college.</p>