🏫 College Advising

Unlike the FAFSA, the CSS Profile typically considers which of the following assets when determining a family's eligibility for institutional aid?

A The equity in a family's primary residence.
B Balances in a student's checking and savings accounts.
C Qualified retirement accounts (e.g., 401k, IRA).
D Federal tax refunds received by the family.

✓ Correct Answer: Option A

The CSS Profile, used by many private institutions, often includes home equity in the family's primary residence as an asset in its financial aid calculation, unlike the FAFSA which generally excludes it.

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