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[quote=Anonymous][quote=Anonymous]I hope this question fits here. We know we will not qualify for financial aid. We have saved quite a bit for college and are at the point of career where income is pretty high. Am I still supposed to fill out the federal form? Does it help one way or the other— DD is interested in OOS public colleges where she should qualify for some merit. I know it is merit not aid but just checking if they would be less inclined to offer if they see there is already enough to pay full. But I have heard more than once “fill out the form regardless” but we have $300,000 per kid saved. But of course I’d rather have merit than not have!  I don’t know who to ask this question to because it seems so braggy so an anonymous forum works. [/quote]

The short answer is to check with each school where you apply.  
 Will you take merit aid if it is offered?   Some schools require you to fill out the FAFSA to receive merit aid as well as need-based aid--this should be clearly stated on their website so you will know before you apply.  
Do you want your child to take the federal loans (some people feel that if their child has some "skin in the game" they will be more motivated), then you need to fill out the FAFSA.

If the answers above are "no", and you are willing to foot the entire bill yourselves, then, no, you do not need to fill it out. [/quote]

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