Feeling guilty....should I feel this way? HELP

northeastmom
Thu, 16 Oct 2008 14:51:05 +0000

How do you know which schools are FAFSA-only?



Great question! First go to the collegeboard website and search for profile schools. If the school is not on that list, this is a good start, but you are not done yet! Some schools use their own financial forms in addition to the FAFSA. Go the website of each school that you are interested in, and then check what forms are needed for financial aid. I believe that some non-profile schools will count home equity. You can look and see what is on the school’s FA forms, and you can email and/or call their FA office and ask what is considered.

Editing: Check the websites for “institutional methodology” vs. federal. If they use institutional, there is a good chance that your home equity is counted to some degree.