What is the importance of a CSS profile?

<p>as stated above. I read on UNC's website that you need to have a CSS profile in order to be considered for university scholarships is this true of all schools!? Isn't there some sort of fee involved?
thank you</p>

<p>Not all schools require the profile; many private schools do. You fill it out through College Board, and of course College Board does charge. It is a more extensive look at your parents/your finanical situation and it takes into account assets, like your home, retirement accounts etc. Some private schools ask you to only fill it out once, others every year; and yes you pay each year.</p>

<p>The CSS profile is used by schools that implement an institutional methodology in disbursing financial aid. THe cost of filing the CSS profile is $23. However, if you put in your information, the college board will deem as to whether or not you are considered low income and will waive the fee.</p>

<p>thanx guys =)</p>