Can someone please give advice about my Financial Aid situation?

Paying for College
21

<p>Institutional EFC was $44,009 out of a $54,135 total cost.</p>

<p>Does anyone know if W&L puts loans in their FA packages? If so, then you won’t be able to take out a student loan to help with your EFC because there already will be one in your FA package.</p>

<p>Does W&L promise to meet 100% of need?</p>

<p>IF W&L puts loans in their FA packages, do not expect much “free money.” A school could say that you have $10k in “need” and then give you $5500 in student loans, $2500 in work-study, and maybe a $2k grant. </p>

<p>Also, if you got that “institutional family contribution” from an online calculator, that is only an estimate. Each CSS school has their own formula that can vary by several thousand dollars.</p>

<p>Where did you get that EFC number?</p>

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<p>Mom2…Washington and Lee is a well funded school. For students WITH financial need, they often do fulfill most of the need. BUT this OP does not have much financial need with an EFC in the $44K range. If he applied ED, perhaps he already got his package OR perhaps he used an online calculator to get an estimate. Or maybe W and L gave him an early read.</p>