Do the super wealthy fill out FAFSA?
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Anonymous
Sometimes. My friend had to fill out one for merit scholarships (although we couldn't figure out why that was needed if it was all merit based). Anyway, she asked me what to do on the income block because there aren't enough spaces for income, so I told her just to put in all 9s across the board, they'd get the idea. We never filled one out, but i'm guessing there are only 6 blanks for income, not 7. |
Anonymous
Why do you say it’s not true? It is. For those applying to colleges, it’s true. Anyway, other states do it as well. I’m just curious the reasoning. Here’s information on it, https://www.csac.ca.gov/sites/main/files/file-attachments/gsa_2022-33.pdf?1653072593 |
Anonymous
It's not actually required. The law just says that you need to EITHER fill out the FAFSA OR have both the students and parents sign a form saying that you are opting out and aware that you are doing so. The purpose of this is to raise awareness of financial aid sources so nobody who really needs it (Especially first-gen kids or kids whose families aren't as aware of financial aid systems in the USA) "falls between the cracks" because nobody told them about the FAFSA. |
Anonymous
| DS got merit awards and/or scholarships at 5 schools (range $20K - $85K over 4 years) and none required FAFSA. We did not fill it out. |
Anonymous
| We didn't - HHI around 800k. DD received plenty of merit offers. |
Anonymous
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Anonymous
| Nope and our HHI is 1M; offered merit at many places |