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You need to check your child's school. At our daughter's school, freshmen fill out both the FAFSA and the Profile. Returning students only do the FAFSA. At DS's school, students only did the FAFSA unless their financial situation was changing (we did it again when DD enrolled in college and we had two in college at the same time). You need to see what your D's school policy is regarding which forms. As Swimcats noted, the FAFSA is needed if you want to receive Stafford loans.
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