Weekly College Column

Thinking about scholarships and financial aid? Here’s a primer with first steps…

Many high school seniors are done with their applications and now find themselves in “college admissions purgatory” where they’re waiting to hear back from the admissions offices. Now, while they’re waiting, is a great time to explore the financial aid aspects of the application process.

There are two financial aid forms that you’ll need to complete:

The FAFSA – (FREE APPLICATION FOR FEDERAL STUDENT AID) 
The FAFSA has had some PR problems, and that’s putting it mildly. The delays also referred to as the “FAFSA Fiasco,” were caused by a major overhaul in 2024-2025. While the new version is meant to make the process of applying for college financial aid easier for students and families, the rollout of the form has been anything but smooth. This year’s form (2025-2026) has again been delayed a few times, but all signs point to a December 1st release date. The FAFSA must be completed to receive federal aid at all colleges and universities.  
HERE’S A LINK TO THE FORM AND A GUIDE: https://studentaid.gov/apply-for-aid/fafsa/filling-out
The CSS Profile

The CSS Profile, short for the College Scholarship Service Profile, is an additional financial aid application used by many private colleges and universities in the United States. Unlike the FAFSA, which is administered by the federal government, the CSS Profile is managed by the College Board. Each year, the CSS Profile unlocks over $10 billion in non-federal aid for students. The CSS Profile provides a more detailed and comprehensive view of a student’s financial situation, allowing colleges to distribute their institutional aid effectively.

The main purpose of the CSS Profile is to assess a student’s eligibility for non-federal financial aid, such as scholarships, grants, and institutional aid. It helps colleges and universities determine how much financial assistance a student may need beyond what is offered through federal aid programs.

HERE’S A LINK TO THE FORM AND A GUIDE: www.cssprofile.collegeboard.org

How Is the CSS Profile Different From FAFSA?

Although CSS is often compared to FAFSA, here are the key differences between the two:

  • FAFSA is required by most universities, whereas CSS is only required by certain private universities and some public universities. Check with the schools you’re interested in to see if they require you to fill one out.
  • FAFSA is free, but completing a CSS profile costs $25 for one school submission, and $16 for each additional school.
  • FAFSA considers a student’s need for federal aid, whereas CSS considers outside scholarship opportunities and the college’s own institutional aid opportunities.
  • CSS takes a more detailed look at your household and business financials.
HERE’S WHAT YOU’LL NEED TO FILL OUT:
The FAFSA
– Your Social Security number
– Your parents’ Social Security numbers, if they have them and you’re a dependent student
– Your 2023 tax information
– Records of child support received
– Current balances of cash, savings, and checking accounts
– Records of investments, businesses, and farms
– Records of untaxed income, if applicable
– An FSA ID, which you can create on studentaid.gov

The CSS Profile

  • Student and parent’s SSN or SIN numbers, if applicable
  • Federal income tax return(s)
  • W-2 forms and other record of money earned in the past two tax years
  • Current bank statements
  • Current mortgage information
  • Records of savings, stocks, bonds, trusts, and other investments
  • The noncustodial parent’s email address, if applicable
Bierer is an independent college adviser based in Charlotte. Send questions to: lee@bierercollegeconsulting.comwww.bierercollegeconsulting.com

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