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College and University Discussion
Reply to "Is ED almost mandatory these days to get into a competitive school?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So do all colleges send a FA package with an ED acceptance?[/quote] Yes you are told what your FA package will be. It will always match the EFC amount, although a few lucky people will get more IF the school does merit aid and they really want your kid for whatever reason. That's why it is binding. Only in cases where the FA package doesn't match the EFC does the child / parent have the option to decline an ED offer. [/quote]To avoid confusion, it may be important to distinguish between FAFSA EFC and the expected family contribution spit out by the NPC, since many ED schools consider the CSS Profile in addition to FAFSA. That is, FAFSA EFC is incomplete and not really relevant to what a particular school may expect a family to pay. Families need to run the NPC.[/quote]
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