Paying for College

Financial Aid 180

This is the time of year when big decisions are made: which college to choose from among the list of available candidates and perhaps most importantly, the effect of the financial aid package. Many high schools seniors and their families look to the aid package as a strong--if not THE--deciding factor when making college-choice decisions.

Of course, some financial aid decisions happen at application time. When high school seniors apply to colleges, they must indicate whether or not they will be requiring aid from the school. If they do, they check a box on the application form and then follow through by filling out the traditional aid forms: FAFSA, CSS Profile, and (for many private colleges) the school's own aid form.

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