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Reply to "Do the super wealthy fill out FAFSA? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]There’s no way we qualify for financial aid, but I filled out FAFSA because DC’s counselor told him one of the schools he was applying to required it for merit aid. DC got $35k in annual merit aid from several private schools he was accepted to. FWIW, I was dreading it, but the form was really no big deal. You link to the IRS and your income data is automatically downloaded and you just add the asset numbers. [/quote] Is it just me or do others feel uncomfortable sharing IRS info with colleges? [/quote] That was my thoughts exactly. Only real need to do it is if you want your kid to take federal loans (we didn't) or one of the rare schools that requires it for merit (none of them did). Otherwise, it's really none of the school's business what my financial situation is[/quote]
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