The PROFILE is used to award:A.nonfederal student aid funds.B.tuition and fee waivers.C.loan forbearances.D.college scholarships based on merit.
Question
The PROFILE is used to award:
A. nonfederal student aid funds.
B. tuition and fee waivers.
C. loan forbearances.
D. college scholarships based on merit.
Solution
The PROFILE (Professional Student Aid Filing Environment) is primarily used to assess a student's eligibility for nonfederal financial aid. It is utilized by many colleges and universities to determine a student's need for institutional financial aid. Therefore, the correct answer to the question is:
A. nonfederal student aid funds.
The PROFILE helps institutions gather detailed financial information from students and their families, which they use to allocate their own financial resources, such as grants, scholarships, and work-study opportunities. While it may indirectly influence other areas like tuition waivers or scholarships, its primary function is associated with assessing eligibility for nonfederal aid.
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