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What is the primary function of the CSS Profile in the financial aid application process?

A To determine eligibility for federal Pell Grants.
B To collect additional financial information for institutional aid from participating colleges.
C To provide data for state-funded scholarship programs only.
D To serve as an alternative to the FAFSA for all types of financial aid.

✓ Correct Answer: Option B

The CSS Profile collects more detailed financial information than the FAFSA, primarily used by a select group of colleges and universities to award their own institutional grants and scholarships.

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