Bargaining for a Better Financial Aid Package

<p>How does one go about doing that? I heard from many people who received a certain amount of financial aid, and contacted their school's admissions office, and somehow asked for more. </p>

<p>Can someone explain this to me more in depth?</p>

<p>Same question here. Is it even possible? </p>

<p>Let's say BigEgoSchool/HYPS accepts me (like that's gonna happen) and gives me a decent aid package. How successful would I be at using this with AwesomeSchool (small-ish LAC-ish) to get a better financial aid package?</p>

<p>From what I've read on the schools' fin.aid websites and in guidebooks, it seems like this is can be a last resort, but almost never produces good results.</p>

<p>Has anyone had experience with this? Success? Just give up now and look into selling my soul to pay for college?</p>

<p>You bet it's possible, but only if you do it in the right way. Do a search on Google using the words: negotiating financial aid and you'll get lots of good info.</p>

<p>An excellent site is: finaid.org/fafsa/negotiation.phtml (use www at the beginning)</p>

<p>Just request a FA review and mention to them that you have offers from other colleges if they want you to fax them (when we did it last year the schools were very interested in seeing the other offers). It helps if you have some reason to request a review, some change from when you submitted your FA paperwork. Be very polite and don't use the word 'negotiate'. These schools acknowledge that they use 'professional judgement' in making a FA offer, so they don't have a problem making a change if they think it is warrented. Remember, the worst thing that they can do is say no. </p>

<p>But remember it will only work if the other schools are peer or higher than the one you are requesting a review from.</p>