| I’m talking people making 7 figure salaries and have lots in assets. Do they bother filling out the FAFSA? Just curious… |
| Probably not, OP. Why? |
| No. We made $300 and didn’t fill it out. There’s no point. We weren’t getting news based aid anywhere. |
$300k HHI? Couldn’t you have qualified for merit aid or something like that? |
| Nope we aren’t even wealthy with a UMC income but but have assets, and didn’t bother |
PP again. I ask this because my understanding is that you can’t get merit aid or scholarships if you don’t fill out the FAFSA. |
Merit Aid depends on the school. |
OP here. I wonder if not filling out the fafsa helps in admission? |
Not true. Fun fact, some schools will hand out merit to rich kids to get them to attend. |
Your understanding is incorrect. The vast majority of merit scholarships do not require FAFSA to be filled out. |
Thanks for clarifying. I had no idea. |
Not true. Merit aid is not based on financial need. |
Yes, I know that, but I’ve read different articles online that insist many schools won’t give merit aid if the FAFSA is not submitted. But sounds like that’s not true. |
| Never filled it out and my child has merit aid at their college. |
| Some schools require FAFSA for merits, many don’t. We make around 330 and didn’t fill one out. Got ton of merit $. |