Hello All
Yesterday I created CSS profile and applied Early Action to one university. Where I’m living we haven’t tax declarations. So instead of it I uploaded to IDOC income declarations from my employer, salary certificate and bank statements.
May be end of December we will apply Regular Decision to another universities. Must before that IDOC be updated by new revisions of documents: income declaration for 2018, salary certificate and bank statements? And consequently may be it will be need to edit CSS profile.
Or I can use CSS profile as it now for any Fall 2019 application?
You can’t “edit” the CSS Profile online once you have submitted it.
You are supposed to be using 2017 income and tax information for the 2019-2020 Profile.
Your 2018 income should be something you can enter by looking at your pay stubs from 2018…do you have a record of how much you have been paid this year?
Up to one cent. I have only one source of income - that is my salary. And HR of my employer provide me annual income declaration. But for clear reason it is for Jan-Oct 2018. Can it be problem if we will apply in December?
And at IDOC I also can’t substitute one document to another after it was uploaded.
Let me try again.
For the 2019-2020 Profile, you are REQUIRED to use income and tax information from 2017…NOT 2018.
Do you have the information from 2017? That would be January 1 2017 through December 31 2017.
And what does this mean “up to one cent”?
I have from my HR annual income declaration for 2017 and annual income declaration for 2018. It was calculated by HR with precision up to one cent, that what I mean. With 2017 declaration all is clear, it already can’t change. But 2018 year going now.
You don’t need 2018 info until you file the 2020-2021 forms. On the current form…the 2019-2020 form, it asks your projected income in 2018 calendar year. Surely you can use what you have handy to figure out what that would be. It’s November 1. Take what you have earned up TO now in 2018, and add what you will earn in November and December.
The financial aid calculation the school makes will be using 2017 info…that needs to be accurate. The 2018 is as close an estimate as possible based on what you have earned so far. If you have January to October 2018, divide that number by 10. That will give you a monthly estimate. You have two months left…so take your monthly estimate and multiply by 2. Add that amount to whatever the January-October 2018 amounts you have are.
Thank you, but that’s all is clear for me. My question is about another.
For example I calculated my assets at bank accounts and uploaded bank statements as proof. Now that is absolutely up to date. But in December this information will be for several weeks obsolete. Can some university make a problem from it? Because as you told I can’t edit this amount in CSS, I can’t substitute at IDOC this statements by new statements
Different by how much? $5? $10,000?
I can’t predict future. But for sure after 2 month balance of my accounts can’t be the same as today.
My question is about common rules of US universities. For how long after CSS profile creation they will accept information from CSS as valid?
No, you don’t need to update the CSS Profile when more applications are submitted later. You would only want to change Profile if you found a mistake on the first submission.
The information needs to be correct as of the day you submit it.
Thank you for clarification!
I found that two U from my list doesn’t accept CSS profile. Instead of it they require their own financial aid applications.
Can I use now for their applications financial documents from my employer and banks dated 27-30 October? Because my deadline for submitting CSS profile was 1 November so all documents were prepared before that. Or U can make problem from this and better collect new set of documents?
Could you please ask your question in an understandable format?
If you are asking if you can use info from October to complete a form NOW…the answer is…you will be using 2017 tax year info most likely to complete the school forms. Any assets, home equity and the like are reported as of the day you file the financial aid forms. So…you would use that info as of the day you file the school form…not info from October.
Your bank balances as of the date you file are what you use…NOT the balances from October.
Thank you. That is what I’m asked about
Alezzz, are you an independent student. You write about only your income and assets not your parents.
How old are you?
I’m 47 
I filling this forms for my son, not for myself
@Alezzz for clarity…maybe this should read…
“My child applied to one college early action, and yesterday I started doing the Profile with him.”
Anyway…your income will be for the 2017 calendar year…and taxes as well. Your assets are reported as of the day of filing…so you need to check your asset balances the day you file your Profile and put those numbers down.
I was too short-spoken in this phrase. Correct will be “Yesterday I created CSS profile and applied it under Early Action to one university.”
We have with son specialization of labor. He making U applications, not together with me. And I made CSS, not together with him. Because finances is my part.
What is common rule of american U for financial documents? For example I got statement from bank, stamped and signed by bank authority. For how long it is normal to use it for U financial aid applications? One week? One month? Longer? When will I need go back to bank to get new statement?