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There’s one form prospective and current college students must submit in order to receive federal financial aid, and it looks a lot different than in prior years.
For unmarried students under 24, Congress mandates that parental income and assets be included. The resulting figure is the student's "need". Colleges attempt to provide students with enough financial aid to meet all student need, but in most cases are unable to do so completely. The result is "unmet need".
The CSS Profile, short for the College Scholarship Service Profile, is an online application created and maintained by the United States–based College Board that allows incoming and current college students to apply for non-federal financial aid. It is primarily designed to give member institutions of the College Board a comprehensive look at ...
Federal Student Aid provides financial assistance to students enrolled in eligible programs at participating postsecondary schools (accredited four-year or two-year public or private educational institutions, career schools or trade schools) to cover the cost of education expenses, including tuition and fees, room and board, books and supplies ...
Fewer low-income students applied for college financial aid for the current school year after the rollout of an updated version of the Free Application for Federal Student Aid, known as the FAFSA ...
The already stressful college admissions process was thrown into chaos this year by a botched bureaucratic upgrade. Hiccups and delays in the federal financial aid process have kept some high ...