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College and University Discussion
Reply to "What money is fair game for financial aid?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Sorry, should have said, This approach of taking into account that there are multiple siblings in college at the same time for FA purposes is being eliminated.[/quote] Yes the FAFSA change is coming but the CSS which is required for many private, higher-cost colleges hasn’t changed yet. It’s unclear if will change its approach to stay in step with the FAFSA.[/quote] PSA: unlike FAFSA, CSS does not calculate the need. It collects information and passes it on to colleges which then calculate the need based on their own formulas. There are several instances currently where CSS and FAFSA approaches diverge (home equity, non-custodial parent income, private K-12 schools for siblings), so there is no reason to think that colleges will decide to stay in step with FAFSA. Besides, the FAFSA change was due to the pressure from a specific senator, this was the cost of his vote for the overall bill. [/quote]
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