Merit Aid: When you don’t Qualify for Need-based Aid

The key question on the minds of so many families is “How do I pay for college?” January 1 was the release date for the FAFSA which is Free Application for Federal Student Aid. Others think of FAFSA as the form to complete if you qualify for need-based aid. Each year, however, there are many colleges that require that families complete the FAFSA to be considered for merit aid as well. Another form that is sometimes required is the CSS Financial Aid Profile. The acronym stands for College Scholarship Service and they are a separate organization run by College Board (the SAT folks). This form requires different information from families although it is reviewed by colleges to qualify students for financial aid and merit aid awards as well. Please review each college’s website to determine the required form(s).

Joining The Education Doctor Radio Show today was Debbie Davis of Davis Education and Career Consultants, based in Ridgefield, CT. Debbie has over 30 years of professional experience and has served families throughout the New England region and nationally on college and career advising. In serving her client families, Debbie has established deep expertise in merit and financial aid. Please check our podcast here to learn what Debbie shared about the importance of completing the FAFSA and finding the value proposition in college selection.