D1 school wants D to sign but $$$ ???

<p>i don’t think u can get fin aid and athletic scholarship. its one or the other.</p>

<p>[NCAA</a> considers changing Division I financial aid model | mndaily.com - Serving the University of Minnesota Community Since 1900](<a href=“http://www.mndaily.com/2009/07/28/ncaa-considers-changing-division-i-financial-aid-model]NCAA”>NCAA considers changing Division I financial aid model – The Minnesota Daily)</p>

<p>I know you can get merit aid because one of my daughter’s teammates who is on a full ride (which at this school is tuition, room and board), was encouraged by the coach to apply for merit aid to fill the remaining gap up to total COA. She received money and does receive both merit and athletic scholarship.</p>

<p>I believe that outside scholarships or awards can be “included” in calculations and end up reducing the amount of financial aid a student might get; it becomes part of “the bundle” or something like that. I don’t know if a college would look at the various pieces from within the institution the same way or not. And it more than likely varies school to school. And depending on the Division there probably are concerns about aid caps and limits. On one hand it’s really a shame, but there have to be some parameters. The current systems seem to leave a lot to be desired and are confusing. </p>

<p>I just think that anyone who is mixing and matching aid, scholarships, etc needs to be very careful and fully informed on what is what and how each piece may impact the other.</p>

<p>^^^ What vulture3 posted lines up with what the coach said, but better than I could put it! “Confusing” is the right word.</p>

<p>DS and I will be visiting Rice this weekend, so I will ask the coach for more info.</p>

<p>D2 is a recruited scholarship athlete at a DI school. She does get athletic and academic scholarships. No problems. It does not count against team’s cap. She also received outside academic scholarship to cober full COA.</p>

<p>Hi all. In my research last fall regarding the NLI, we determined that this school meets 75% of the family’s need. It is on collegeboard.com. Subtracting our EFC from that and coming up with the 75% figure, and then lowering that a bit just in case, we felt that if that was what the school offered, we could handle it. She signed the NLI. and thus, did not apply anywhere else. The package meets 26% of our need, and of that package, 37% is loans. WE are sick to our stomachs and can’t believe that this is happening. From reading many posts on these boards, this is a common scenario - so many schools offer paltry packages, even to honors students that are excellent candidates. </p>

<p>We are now in the process of appealing this award. there is a $36,000 gap between the award and the full cost to attend. So this is bad. Has anyone had any luck with appeal letters? I was going to include the information from collegeboard.com in the letter. I have had a few conversations with the FA person and she is hard to read. she never sounds too hopeful for us. And it is not like we are rich, our EFC is around 5K, my husband’s income dropped way down in 2009, but we have some savings she was asking about that is not a retirement fund, so I don’t know if that is the problem. It is 108K, so is that alot to have as non-retirement savings?? enough to skew the numbers against us?</p>

<p>If any experienced parents have been through something similar, with the appeal or NLI, or anything, i would welcome any advice. thanks.</p>