I'm so eager to put all my family's financial information in a centralized private service somewhere in cyberspace....not.
So tell me, how are a combination of colleges and federal agencies supposed to award aid? By an honor system? This is how much I say I make? You people are paranoid. I don't think it makes sense to award merit aid if someone is already eligible for pell grants and institutional grants. Colleges have limited endowments. There are a lot of things that involve giving your financial information to qualify for...a mortgage or lease, your taxes, certain subsidies, etc.