| Token, yes, the custodial parent's assets and income are what determine FAFSA's EFC which in turn makes a family eligible for Pell and other federal goodies which in turn can make a student eligible for other monies. If the non custodial parent is wealthy, but he is not giving money to the family that crucial FAFSA year, his wealth is irrelevant to the process. That has always been the case.
Actually, divorced kids used to have it even easier. Now many Profile schools are making it very difficult to let the recalcitrant parent off the hook. Too bad for the kid, if the parent with the money doesn't pay, or refuses to fill out the paperwork. That is often even a bigger problem. Some of those non custodial parents refuse to fill out a danged thing. Can't make them do it either. So at least if the custodial parent is needy, such families can get FAFSA tied funds. Usually, a kid will get a form from the school stating non custodial parent non involvement in kid's life signed by school, church, social worker and get a break from the non custodial parents ties, to get around those assets anyways.
I sent a letter many years ago about the problems with the FAFSA that I could find. I've seen just about every aspect of it raised on CC. They are very much aware of the problem. The drawback with massive complaining is that there is the risk that the program will be cut altogether. So much college aid has been cut as the costs have increased. So even as we ponder the entitlement issue, the government is cutting back on that aspect. It is mainly a private thing between college and students these days, as to whether they get to go or not if finances are at stake. No entitlement there. |