![]() ![]() Carefully review your information before submitting the CSS Profile. Waivers are available for low income students. The initial application fee is $25 and includes one college. Unlike the FAFSA which has “free” in its title and does not cost anything to file, the CSS Profile is NOT free. Be sure to submit your CSS Profile by midnight Eastern Time of your earliest priority filing date. The application opens on October 1st each year so plan to get it done right away. CSS Profile deadlines can vary by university so you need to check with the school for their deadline.ĭeadlines can come very early in your student’s senior year of high school so that they can put together your financial aid package alongside your admissions acceptance. The College Board says you will need anywhere from 45 minutes to 2 hours to complete it. Completion of the CSS Profile is not as quick as the FAFSA so set aside a block of time to do it. Sometimes schools may request copies of documents via the IDOC (Institutional Documentation Service). Take some time before starting to gather needed documents like 2 years of tax returns (from the two years prior), W-2 forms and records of income, records of untaxed income, bank statements, and records of savings, stocks, bonds, trusts, etc. The CSS Profile will require more detailed information about the parent’s and student’s finances. When researching colleges make note if your desired school is one of them. ![]() As we noted above, almost 400 colleges require the CSS Profile. Since these schools will cost a student six figures to attend, families will want to try to qualify for as much aid as possible! Here are 9 things you should know about the CSS Profile: 1. ![]() The most prestigious colleges in the country use this application to decide whether a student will receive aid to their schools, and these schools have billions of dollars available to award to students. They are also surprised by how tedious, cumbersome, difficult, time-consuming, and sometimes expensive the CSS Profile process can be. Not to worry, we have you covered. Families are often surprised to find that some colleges consider their home equity in the calculation. The CSS Profile is used by almost 400 institutions. They will turn to the CSS Profile application administered by the College Board for this purpose. Some colleges use an alternate or institutional method for determining need and help them award non-federal aid (over $9 billion in grants is available). The FAFSA is required at colleges to determine eligibility for federal grants, loans, and work-study programs. When families file for federal financial aid, they will complete the Free Application for Federal Student Aid (FAFSA). ![]()
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