Let’s hope so. Remember the FAFSA bases financial aid on income while the CSS bases financial aid on parents’ net worth, including home equity.
Early decision is a binding agreement between the student and school. Students apply to their first choice school early and ask the school to make a decision on their application and financial awards early, before students traditionally have their applications considered.
Early decision is how qualified students from wealthier families “reserve” their seat in first-choice schools. At the time of application, their parents fill out the CSS form because, presumably, the FAFSA was not yet available
In 2016, students may now fill out the FAFSA, Free Application for Federal Student Aid, in October. It’s not unreasonable to think that the FAFSA determination will be available for students who wish to apply for early decision at many more colleges.
If colleges decide to accept the FAFSA rather than the CSS, early decision may now be available to students from low and moderate-income families. And then those much-wanted seats in selective schools may go to qualified students who need higher merit awards.
Shelley Owens 16 years as a journalist, 10 years as a jobs and education columnist, one year as a curmudgeon trying to save prospective college students from overpaying for college. Now available for reading on all devices on Kobo: A Degree Fast! For pennies on the dollar 12 Secret Strategies to Help Your Child Get a Degree in Half the Time - at Half the Cost to You