Income in 2020 will be the primary driver for need-based aid offered for the 2022-2023 academic year. If the 2021 income is higher, you can reasonably expect less need-based financial aid for the 2023-2024 academic year. How much of a change will depend on each school, because evaluating Profile data is done differently by each school that uses Profile. The best (really only) way to get an estimate of institutional need-based aid for sophomore year and beyond is to start a conversation with the staff at each school’s financial aid office.
3 Likes