Stanford University, Palo Alto, California, one of the private schools that requires a CSS Profile if you apply for financial aid.
Some colleges and scholarship organizations require an additional financial aid application to help them award institutional grants and scholarships - the CSS Profile.
What Is CSS PROFILE? - CSS PROFILE (College Scholarship Service Profile) is a form, from the College Board for the high school seniors and college students who are applying for financial aid.
Many private colleges and universities in the United States (including most Ivy Leagues) require students to submit a CSS Profile in addition to FAFSA to be considered for receiving institutional financial aid. College Board has the list of its member institutions that require the CSS Profile.
One reason for using the CSS Profile is that it is available in October as opposed to the FAFSA which is not available until Jan 1st. However, this is changing in 2016, where the 2017 - 2018 FAFSA will be available on October 1 2016. Many colleges and universities with early acceptance programs, i.e. Early Action (EA) and Early Decision (ED), refer to the CSS Profile for preliminary financial aid considerations.
Another difference between the CSS Profile and the FAFSA is that the CSS profile is not free whereas the FAFSA is free. There is an application fee for filing the CSS profile. This application fee is $9.00 for current academic year applicants. Additionally there is a Reporting Fee of $16.00 for each college or university to receive the profile. Low income students may request fee waivers.
Upon filling out and submitting your application, you will be prompted to print a copy of your entered data. Hence, you will be able to easily fill out your FAFSA information based on your CSS Profile data.
Some schools will require additional supporting information. College board will notify you after you have submitted your CSS profile what supporting documents are required. Follow their instructions to send with their IDOC cover sheet. Examples of documents include student federal tax return, parent federal tax return, copies of all W-2 and 1099 statements, and other documents and worksheets specific to your tax situation (upon request). You also have the option of uploading the documents online, which makes process faster.
The good news is that it gets easier each year, as your prior year information can be pre-populated into the form. I keep a pdf of last years to compare to make sure that I don't make any mistakes on my answers. A few questions may change each year, but most of the questions and requested information is the same.
Is all this work worth it? Yes, it can be. A college or university that costs $60,000 a year may offer you $45,000 in scholarships, grants and other forms of financial aid, making it possible to attend that school. A few lucky students will receive "full ride" scholarships that pay all of the costs, based upon their outstanding academic record and financial need.
If you are applying for college in fall 2018 - spring 2019, you'll want to gather the list of schools you wish to apply to during the summer before.
If those schools require a CSS Profile for financial aid:
October 1, 2017 - Fall 2018 - Spring 2019 CSS Profile applications can be submitted. The deadline depends on the college or scholarship program, but the earlier the better so you don't miss out.
~ October 21, 2017 - Around this day, the CSS Profile applications will be submitted to participating colleges and scholarship programs for the 2018-19 school year.
Spring 2018 - if requested, you may need to provide your tax returns to support your application.
You will need to submit a new application each year. Each school with have its own deadline, so check your school's financial aid website pages for deadlines. Some schools may also require additional forms, or have additional questions such as your major and extra-curricular activities.
If you are the student, go to the College Board Web site at: collegeboard.org
Sign in using your ‘User Name’ and ‘Password’. Then, you will be presented with ‘MY ORGANIZER’ page.
Click on the Tab ‘MY COSTS & FINANCIAL AID’ and choose: ‘FALL 2018/ SPRING 2019’.