Do the amount of assets and earnings that parents declare on the FAFSA application have more influence in college admissions or are these figures just used for financial aid?
These numbers are used to compute need based financial aid…but…
For colleges that are need aware for admissions…if these numbers are low and the college would need to provide need based aid…they could affect admissions. Many colleges are not bottomless pits of money and can fund only a certain number of students. So…this might affect admissions.
However, many many many many colleges are need blind for admissions.
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