Re: Divorced Parents Disclosure?

Becky Harper wrote:
> Spent time this weekend looking at college websites, and noted that
> many ask for something called the "divorced parents disclosure" (I may
> have the lingo wrong) in addition to the FAFSA and Profile.  What is
> this? 

The CSS/Profile supplied version is called the Non-Custodial Parent 
Supplement. Even in the case of divorce/separation some colleges 
consider that the other parent is still a parent whose finances (and any 
new spouse's finances) should be considered. It will have no affect on 
the Federal EFC from the FAFSA, but it will affect eligibility for 
college controlled funds like work-study, SEOG, Perkins Loans, and their 
own need-based grants and scholarships.


> Will the calculators at Finaid.org and elsewhere allow us to
> calculate expected family contribution including this form?

No. Each college that uses this extra info will have it's own way of 
using the additional data.


>  How many colleges require this form?

Not a lot, mostly just some of the most competitive private colleges.


> Does his mean some colleges expect contributions from FOUR adults:  
> two natural parents plus two step-parents??  

They will consider the financial situation of all four when determining 
eligibility for college-controlled need-based aid.


> Thanks for any input.

--
Steven B. Blank
College Financial Aid Consultants
29 Ives Hill Court
Cheshire, CT 06410
(203)250-7761