You know, all this Hoopla about what is in the FAFSA is just that…hoopla. There are no FAFSA only schools that guarantee to meet full need for all accepted students. university of Chicago is close, but even that school has a short form of their own that they require in addition to the FAFSA.
The Profile schools are much less forgiving about small businesses and rental properties…and business expenses. Some of these schools absolutely will require you file the business/farm supplement with them. They will scrutinize your IRS allowable deductions…some of which will be added back in as income for need based financial aid calculations.