Reply to FAFSA - is middle-class waste time applying?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]These threads always get derailed by bickering. If there are state/federal funds involved, even if it's designated merit, the school will likely require the FAFSA just to complete their accounting, confirm there's no double dipping and no additional eligibility. This is a case where OP would complete the FAFSA. The FAFSA is less info than a tax return. I don't see how a fed household would find this intrusive, cumbersome or unexpected. [/quote]

Because the people posting this have all kinds of stuff they don’t want colleges to know about like foreign accounts, trust funds, shares of privately owned businesses, off-books bonuses from family businesses, parents paying for everything, etc.

They can’t lie to the IRS but they want to lie on the FAFSA/CSS but the risk of discovery is high when the numbers don’t add up. Better to not file.

That’s why it’s a “privacy issue” and “don’t give colleges your info.”

[/quote]

We don't lie, there is none of what you think is happening occurring.  But our EFC for each kid is in the 7 FIGURES each year.  So no shit, we are not getting any aid, ever.  Even if one dies or we loose our job(s).  No trajectory would get any kid financial aid.  So I simply do not see any reason to spend the time filling out FAFSA/CSS.  And it is a privacy issue---my kid's colleges do NOT need to know our income or net worth, it is none of their business.  Sure the IRS knows this information, but I don't need another govt dept and the university having this information available to them.  [/quote]

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