Quote:
Originally Posted by alum
Ivies and many other private schools do not give out merit scholarships, only need-based. They also use the CSS Profile when calculating the Estimated Family Contribution. Unlike the FAFSA which only considers the custodial parents' income, CSS Profile will assess the non-custodial parent's income in addition to the custodial parent.
Quite a few colleges have EFC calculators on the admissions portions of their websites so that the applicant can get a rough idea of how much aid will be likely.
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Right. Our advantage at the moment is that the non-custodial parent has been unemployed for 22 months now. The Ivies and most of the privates she is interested in will cost about the same as Michigan either way and for some of them, it is a "no loans" guaranteed package.
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