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Reply to "S/o don't financial aid offices penalize families who are capable of saving but who choose not to?"
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[quote=Anonymous]State schools really don't have much money to give unless you are eligible to receive the Pell Grant. Private schools can offer more money, but they cost more money. A $20 scholarship will still mean you have a $50K tab. Beware of the parents who claim they only have to pay X amount. That amount could be their tuition bill, but the student has loans in the name of Stafford. I am always amazed at the parents who do not read/understand their child's financial statement. A pp mentioned that every school financial aid is different. The Net Price Calculator for each school is the best use of your time to calculate your cost. Costs can be impacted by the number of students in college at one time. For the most part, financial aid is based on income not savings.[/quote]
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