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Money and Finances
Reply to "Financial Aid Forms for College"
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[quote=Anonymous]We have savings, high home equity, and 529s. Our HHI is about $160K/year. We filled out the FAFSA. I think it's the only fair way for colleges and scholarship organizations to know what you need to attend. They can also see that you are in the donut hole-- you aren't going to get a lot of need-based financial aid at this SES level. But you can't easily afford four years of college. I found that it was required for a number of colleges and scholarships. It paid off -- DD received 3 outside scholarships and merit aid at all the schools to which she was accepted. It wasn't the total amount (we don't need that because we have savings) but it was enough to help ease the pain of the cost of college. It all worked out fine. I would say to fill it out. Most of it will self-populate from the IRS web site. [/quote]
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