In the all too common situation of a student applying for financial aid for college who has divorced parents, the question often comes up about which parent's assets and income should be reported on ...

Applying to college is an exercise in paperwork: recommendations, essays, the application itself, and the FAFSA — the form that determines whether your student is eligible for federal financial aid.

Add Yahoo as a preferred source to see more of our stories on Google. The CSS Profile is an application for college financial aid required by 300 colleges, universities and scholarship organizations.

The CSS Profile, managed by the College Board, helps students access institutional financial aid beyond federal support. Unlike the FAFSA, it provides colleges with a detailed view of income, assets, ...