A guide to the coming financial-aid process
Live MintWith the college-application process kicking off this month, the quest for financial aid is just around the corner. Not applying Many families don’t believe they will qualify for financial aid, so they never fill out the Fafsa, or the CSS Profile, which nearly 250 schools, mostly private, require for nonfederal aid. Families who can’t use the retrieval tool should use Fafsa’s online help tool to ensure they are entering the correct data in the proper fields, says Dana Kelly, vice president of professional development and institutional compliance at the National Association of Student Financial Aid Administrators. Don’t, however, pin all your hopes on your aid package being identical to what the calculator suggests, since a lot can change in a given year, based on schools’ enrollment goals, Ms. Kelly says. Indirect costs, published on a school’s website, are an estimate of what the average student is going to experience, so some students may fall outside that average, Ms. Kelly says.
History of this topic
This year's FAFSA is officially open. Early review says it's 'a piece of cake'
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FAFSA 2022-23: Here's how to apply for college financial aid : Life Kit : NPR
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