Reply to Financial Aid for Twins/Multiple Children for CSS Profile Schools

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[quote=Anonymous]We have twins that started high school this year and want to be fully prepared financially in 4 years. As of this year, FAFSA no longer takes into account having multiple children at the same time for calculating the estimated family contribution.

It’s clear that we would be a full pay family at every institution under FAFSA and the CSS Profile for 1 student attending college. What’s less clear to me is how schools that use the CSS Profile have been calculating the EFC for those with multiple children in college at the same time. I understand that different schools will have their own metrics for how much they’ll award in financial aid, but I’d at least like to get an idea in who may be providing aid to those with twins or multiple kids in college and those that aren’t.

For example, Duke states that if there are multiple children in college, the expected parental contribution is 60% of the normal total parental contribution. This is the only school that I’ve found that seemed to be this clear - everyone else is more opaque. Even then, is Duke saying that even if you are well above the full pay income amount, you pay 60% amount with twins in college (e.g. this doesn’t apply to us, but does even a household with $5 million per year income receive the benefit of this 60% amount) or is that reduced as your income gets higher? I want to make sure that I’m interpreting this 60% figure correctly.

If you (a) have had twins or multiple kids in college at the same time, (b) would be a full pay household if it were based on one child college, and (c) had one or more kids at a CSS school, what were your need-based financial aid packages like (if you received anything at all)? Which CSS schools took this into account (as Duke apparently does) and which didn’t (e.g. my understanding is we shouldn’t expect anything from Michigan as out-of-state residents in this situation, but correct me if I’m wrong)?

Once again, I understand that every school and year is different (and it might further change by the time my kids apply to college), but I just wanted to see if anyone had their own experiences with similar situations because colleges are so opaque in pricing. (If it’s bad news that we will receive zero aid at many or all places, then that’s fine. This is what we want to fully understand now as opposed to 4 years from now.) Thanks in advance for any feedback![/quote]

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