<p>Artemis, your parents must have a great deal saved up since parental savings are only assessed at 5.6%. And you are making a gross assumption that other kids at your school will get FA.</p>
<p>Like some of the other posters, I don’t see how $11K/year of grants and student loans makes college costs go through the roof. It is the parent’s choice as to whether to take out additional loans.</p>