Reply to Is ED almost mandatory these days to get into a competitive school?

Forum Index » College and University Discussion

Reply to "Is ED almost mandatory these days to get into a competitive school?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]I've heard that you need to be careful about applying ED if financial aid is very important to you.  You commit to the school, and can't easily get out of that commitment if the financial aid package isn't what you need.  Technically, the school offers you the financial aid package they think your income supports, but the school's opinion about that may be very different from your own.[/quote]

If you run the [b]Net Price Calculator [/b]on the school's website before you apply ED then you should know with a good degree of accuracy what the school's financial aid offer will look like (assuming it is a "meets full demonstrated need" school).   For such schools there is almost never a unwelcome surprise in the financial aid offered. [/quote]

We went to a financial aid seminar and the theme was mostly ‘you’re paying for this’ . They take your income and subtract off some expenses (mortgage, healthcare, college for others kids at the same time, a few other things ) and the rest is considered to be available to pay for college. Consumer debt, private school expenses for other kids, etc are not deducted. Any other expenses you feel should be subtracted from your income is what you can possibly negotiate (prepare your ‘reasons’).  
Use the net price calculator for the college. Here’s one:

https://npc.collegeboard.org/student/app/colgate

If you don’t receive enough financial aid and feel that your family will not do well paying the college fees you just don’t sign the contract and you move in.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics