<p>Federal aid is awarded according to your own assets and income, without regard to your parents’.</p>
<p>However, if schools have their own aid, they are free to consider whatever they wish. I do not know of a single school which will not consider your parents’ income in this calculation, nor do I know of any schools which do not have any institutional aid. I am sure some exist; I just don’t know of any.</p>
<p>My school actually offers full tuition merit scholarships to about 15% of our eventual student body. But the vast majority of these are based on demographics over which we have no control.</p>