<p>Do private colleges usually take the non-custodial parent's spouse's assets into account when calculating the EFC? My mom owns a house and her husband does too, and I was wondering if his estate would be considered an investment for fin aid purposes.</p>
<p>Private colleges typically use the PROFILE form, which asks for income and assets of custodial parent, custodial parent's spouse, non-custodial parent, and non-custodial parent's spouse. The non-custodial PROFILE is what's filled out by the non-custodial parent.</p>
<p>How private colleges use this information is up to the college itself. Not all private colleges include income/assets of the non-custodial parent when calculating need.</p>
<p>If the school requires the Profile, you must include information from your parents and your parents' spouses on that form.</p>
<p>FAFSA also requires the custodial spouse's information, including income and assets. (Of course, it doesn't require anything from the non-custodial parent.)</p>
<p>Thanks for your replies. I know that the noncustodial Profile requires the information, I was just wondering if/how colleges were using it. But I guess it varies a lot from college to college. I'll just wait for my financial aid package in July. I am a current college student whose noncustodial parent recently remarried, and I am nervous that it might affect my fin aid package a lot. But I'll have to wait and see. Thanks again!</p>
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<blockquote> <p>I'll just wait for my financial aid package in July. I am a current college student whose noncustodial parent recently remarried, and I am nervous that it might affect my fin aid package a lot.>></p> </blockquote>
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<p>Hmmm...when did you file your financial aid applications? Was your non-custodial parent married when you filed them?</p>
<p>My mother married last December. I filed the paperwork by the college's April 15 deadline, but apparently they just started reviewing current students' apps and won't get back to us until July.</p>
<p>Thanks for the clarification. Yes, your non-custodial parent info must then be included on this year's Profile. </p>
<p>Wow...July...and I thought MY kids' schools were late giving this info in May.</p>