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[quote=Anonymous]I get th sense that some people think that FA in these private schools is like a Government program where you fill out the form, it tells you what you can afford and then the private school makes up the difference between that and their tuition.

That is NOT how it works.

The school has a pot of money called the Financial Aid Budget.

They distribute that based on what they want to accomplish. Giving one person a full tuition grant means that they have to refuse aid to three families that need a 33% FA award.

They might choose to give a promising student or athlete more aid --- up to the Family's total need ---  than someone whose skills are not in an area they are specifically interested in.

Your need (What the FA formula says you can pay versus the total costs of attending) is just a reference point for the school. It can be used to compare applicants. Why admit a student with a large financial need if we know there isn't enough money in the FA budget to allow them to attend?

Every decision made by the Financial Aid / Admissions committee represents a trade-off they have to make.

It's not a Government program. It's not an entitlement. It is not a guarantee. It's only a single pot of money in any year.

A statistic they don't show is what percentage of the financial need is covered by FA.[/quote]

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