Description College consultant Andy Lockwood gives a brief tour of how financial aid works, including: *Need-based aid * Merit aid * "Tax Scholarships" for high income business owners The discussion included common mistakes to avoid on the FAFSA and CSS Profile, what are the differences between the FAFSA and CSS Profile, pending financial aid changes for divorced families deadlines to file, what happens if you make a mistake on your FAFSA or another financial aid application, what if you don't qualify for financial aid, how to negotiate or appeal for more financial aid, more. For more information, see How to Negotiate Your Crappy Financial Aid or Merit Aid award, on Amazon or visit LockwoodCollegePrep.com