Everyone wants to get into the act of college financial aid. High interest rates charged to teenagers. Lucrative business...if they pay you back.
The CSS/Financial Aid PROFILE® (known as the CSS PROFILE, or the College Scholarship Service Profile) is a financial aid application administered by the College Board (the same people who bring you the SATs and Advanced Placement tests). This application is different from the government-run FAFSA application that most colleges use. The CSS Profile gives colleges that choose to be part of this program (usually private, not state schools) the opportunity to take a closer look into the finances of a student’s family, since it's more detailed than the FAFSA. Financial aid is then awarded from sources that are not part of government-sponsored loans.