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College and University Discussion
Reply to "Does Early Decision limit chances for merit aid"
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[quote=Anonymous]My DC is applying to small, private LACs. Our family thinks we can afford about $35,000 per year. The FAFSA NPC says we can afford to pay $40,000 per year. We also did the EFCs on more than 20 college / university websites. For fun we did Harvard - it said our EFC would be $24,000 (doesn't matter; my DC wont' get in and isn't applying). Most of the LACs he is applying to are estimating our financial aid package to results in a net price between $30-50,000. DC's dream school estimates our net price will be $45,000. DC wanted to apply ED to the dream school, but did not bc we do not want to be on the hook for $45k. [/quote]
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