Wake Forest’s policy for determining financial need is based on the principle that both parents have a responsibility to contribute to the costs of education. Wake Forest requires financial information from both the custodial parent and the noncustodial parent to determine eligibility for institutional aid. If either parent has remarried, the stepparents’ information must be included. The expected parent contribution will be adjusted to reflect the financial capacity of only two parents.
The custodial parent and spouse (if applicable) must file both the CSS PROFILE and FAFSA. Additionally, the noncustodial parent and spouse (if applicable) are required to submit their own CSS PROFILE. When you complete your Profile registration, the College Board will notify you that Wake Forest requires the CSS PROFILE from noncustodial parents. You will receive an e-mail that explains this requirement, which you should share with your noncustodial parent. This e-mail will provide a link to the CSS Profile website, with login instructions for your noncustodial parent.
It is highly recommended that the student and the custodial parent start the CSS Profile application first. Although the noncustodial parent can start the application at any time, the noncustodial parent will not be able to complete the application until the student selects a college that requires the CSS Profile from the noncustodial parent. The noncustodial parent will need to create a College Board account before providing their information. To maintain confidentiality, the student and the custodial parent will need to ensure that the noncustodial parent does not know the student’s College Board account password.
Both parents and stepparents are required to submit their federal income tax returns, including all relevant schedules, and W-2 wage statements, to the College Board.