So sorry, I am brand new to the whole topic. Basically, my husband and I are very thrifty people. (Both raised with next to nothing.) He is older and will be cruising into retirement when our 1 child goes to college. We both made good money for awhile, lived like monks for more than a decade, and have saved a lot. Income-wise, we would almost surely qualify for FA. Does applying for FA hurt your child’s chance to get into certain schools?
You will find your answer here:
http://talk.collegeconfidential.com/financial-aid-scholarships/1992385-what-is-need-blind-in-admissions.html#latest
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colleges take assets into account, not just income
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whether FA is taken into account differs by school
^ 1) Not when the AGI is low enough for simplified needs test