Factors that change financial aid

arabrab
Tue, 07 Jul 2015 01:40:01 +0000

Yes – the calculators often ask for 12-25 data items. The actual financial aid forms (especially for colleges that use Profile) can ask several hundred questions. The questions that aren’t (usually) asked relate to students with divorced parents, students whose parents own businesses/real estate other than your home, and deductions/credits valid for income tax that are not valid from a financial aid perspective.

Also, people tend to run the calculators using less accurate data with approximations for income and assets.