Reply to If my student will be full pay is there any reason I should fill out the FAFSA?

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Reply to "If my student will be full pay is there any reason I should fill out the FAFSA?"

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[quote=Anonymous][quote=Anonymous]We make >$300K and assets over $2M (non-retirement, non-house) and will not qualify for need-based aid (we tested this on a couple of school websites).

Is there a point in checking the "need aid" box in the common app?  Does not checking that box help with admissions (because it tells the schools we are full pay, albeit with no choice)?
[/quote]

Hi.  I called schools about this question, with somewhat similar assets (not $2k but still a fair amt).

In the end, the answers varied and at least one school said regarding merit aid this could make a negative difference if my kid were marginal. Since I wasn't in a position to pay the full $70k without some merit, we checked off for them that we wanted to be considered for merit aid.  My kid got in and got enough merit to make it competitive for us.

Truly, the only answer anyone can give you is to ask yourself if you would be influenced by that merit aid, and then call each school and ask.  They will talk to you about their rules.

And even if someone on this list identified the school their kid is at, it doesn't matter because a) they were talking about a different year, and b) you can't trust a random internet voice.[/quote]

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