From the College Board's Financial Aid Standards and Services Advisory Committee
To help you develop institutional professional judgment policies for need analysis (IM or FM), we're making these free tip sheets available. Just download and print. Requires Adobe Reader (latest version recommended).
New Professional Judgment Tip Sheets
The following tip sheets are continuously reviewed and updated and designed. Newer tip sheets include a case study section to help you better evaluate impacts of potential adjustments. A tip sheet summarizing relevant information to situations likely to arise from the disruptions caused by the novel coronavirus has been recently added.
- Voluntary Leave of Employment- New (.pdf/126KB)
- Bankruptcy (.pdf/117KB)
- Consumer Debt (.pdf/28K)
- COVID 19 Resources for Financial Aid Professionals (.pdf/106K)
- Co-owned Assets (.pdf/23K)
- Distribution of Retirement Funds (.pdf/41KB)
- Elder Care (.pdf/29K)
- Exceptional Expenses (.pdf/60KB)
- Fluctuating Parent Income (.pdf/285KB)
- Imputing Asset Values (.pdf/178KB)
- Income and Assets Not Proportional (Low Income/High Assets) (.pdf/31K)
- Medical Expenses (.pdf/84KB)
- Natural Disaster Tipsheet (.pdf/70KB)
- Noncustodial and Stepparents (.pdf/126KB)
- One Time Taxable Income (.pdf/43KB)
- Parents' Educational Debt (.pdf/28K)
- Parents' Educational Expenses (.pdf/29K)
- Siblings' College Costs (.pdf/182KB)
- Siblings Enrolled in Graduate or Professional Programs (.pdf/718KB)
- Using an Alternate Year Income (.pdf/444KB)
Additional Professional Judgment Tip Sheets
- Combat Pay (.pdf/34K)
- Family Size (.pdf/31K)
- Foreign Income (.pdf/29K)