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<p>UCs (and CSUs) use only FAFSA (no CSS/Profile) information to determine their financial aid. FAFSA specifically does not include the home equity in parental assets (see question 91 of <a href=“https://studentaid.ed.gov/sites/default/files/2014-15-fafsa.pdf”>https://studentaid.ed.gov/sites/default/files/2014-15-fafsa.pdf</a> ).</p>