<p>DId you apply for Financial aid form Dartmouth? Did you apply on time?</p>
<p>When you were accepted to Dartmouth, did you receive a financial aid award letter? Did you read the letter? At the time you were sent the award letter, how much did they say your EFC was and how much aid did the school say that you were eligible for?</p>
<p>The only thing that the FAFSA does is determine your eligibility your Federal aid (Pell grants, stafford loans). Dartmouth uses an institutional methodology and the CSS profile to determine your EFC and if you are eligible for their insitutional aid.</p>
<p>I think Darmouth may have told you that your EFC was $57,000. Since this is more than the cost of attendance, you would not be eligible for aid.</p>
<p>If they have determined that your family can afford to pay 57k, this means that your family has a lot of income, assets or a combination of the 2 (money in the bank, annunities, stocks, second homes, while money already in their 401k is not counted in the FA formula, the contribution to the 401k is added back in). In addition, if your parents are divorced and someone has remarried, your stepparents income and assets are also used to determine your EFC.</p>
<p>from Dartmouth's student guide to FA (see page 9)</p>
<p>
[quote]
Federal Methodology is used to determine eligibility for all federal funds, such as Federal Pell Grants, Federal Academic Competitiveness Grants (ACG), Federal National Science and Mathematics Access to Retain Talent (SMART) Grants, Federal Supplemental Educational Opportunity Grants (FSEOG), Federal Stafford loans, Federal Perkins loans, and Federal Work-Study.</p>
<p>We use an Institutional Methodology and our professional judgment to determine eligibility for Dartmouth’s scholarship funds. To gain the additional information required to analyze each case, all first-time aid applicants who are U.S. citizens or permanent residents must also file the CSS Profile at <a href="http://profileonline.collegeboard.com%5B/url%5D">http://profileonline.collegeboard.com</a>. Early Decision applicants should file by November 1, regular applicants by February 1.</p>
<p>We will ask you to verify certain information provided on the FAFSA and CSS Profile by providing documentation to us, including signed copies of your own and your parents’ federal income tax returns and W-2 forms. Based on your individual circumstances, we may also require you to file a Non-Custodial Profile and/or a Business/Farm Supplement. The more complete and timely the information is, the sooner we can begin packaging your award. We do need to collect this information to determine which types of aid we can offer.</p>
<p><a href="http://www.dartmouth.edu/apply/pdfs/07-08_Student_Handbook.pdf%5B/url%5D">http://www.dartmouth.edu/apply/pdfs/07-08_Student_Handbook.pdf</a></p>
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<p>the cost of tuition room and board is $47,845</p>
<p>Tuition</a>, Fees, and Financial Aid</p>
<p>this amount does not include traveling back and forth to school, books and other misc. expenses (which do not add up to $10,000).</p>