<p>Hi. I'm a very low income student (8k/year) with a high home equity. My family's house is valued at around $400K, and there is no mortgage.</p>
<p>I'm aware that the EFC doesn't include home equity, but the CSS profile does. How do the Ivy League schools use home equity in their financial aid calculations?</p>
<p>I plan to do an individual search on their websites, but I was hoping for a general idea. Which of the Ivies and other top schools disregard home equity? Assuming acceptance, is there any chance I can get a full ride (room+board) at a top school?</p>
<p>Some schools included it, some don’t. It depends. From what I can tell, Ivies like Harvard and Princeton do pay much attention to it but Ivies like Penn and Dartmouth do. </p>
<p>FAFSA doesn’t ask but many schools make you fill out other forms and some of these forms ask. It seems to me that schools want to get a sense of how wealthy your parents are. THe richer they seem, the less you’ll get.</p>
<p>You would be better off posting this in the Financial Aid forum. I think most Ivies don’t look at your primary residence but people in the FA forum will know.</p>