dilemma

<p>i really want to apply to JHU ED but im a bit worried about the cost. i know that Hopkins is pretty generous with the aid but i don't want to get screwed. i know its hard to say but how much can i get if my parents make a cumulative of about 90k?</p>

<p>My family cumulatively makes $135K. Bloomberg scholarship, which is a highly competitive need based grant Hopkins offers gave me $10K a year initially and now has bumped it up to $15K because my parents put a significant amount of their income into their 401K accounts for retirement, thus lowering their income. Add that to the $2500 dollar work study grant, My family is in a pretty solid situation. We can pay for a Hopkins education for sure. We also have mortgages for two houses too so like we're in a tight situation but for sure Hopkins will give you the aid that you deserve based on your family income and net assets. Don't let the finances of investing in a Hopkins education deter you from applying early. I can ask my friend who applied early here and ask him how his financial aid package looked for him. Anything to answer your question.</p>

<p>AdmissionsDaniels is also here to answer your questions as well.</p>

<p>Plus, Hopkins aid must be generous given that they have just nearly completed a $3.2 billion dollar Knowledge for the World Campaign. </p>

<p>
[quote]
At Johns Hopkins University, donations are on track to hit $450 million this fiscal year, making it the strongest year ever for one of the nation's fundraising powerhouses.

[/quote]
</p>

<p>Md</a>. colleges raising more despite slump -- baltimoresun.com</p>

<p>We own...</p>

<p>ED should be used only by those who are certain that they want to attend Hopkins (or any other school for that matter) if admitted regardless of the financial package offered. The reason for this is that you will not be in a position to compare aid packages from different institutions.</p>

<p>You should use the FINANCIAL AID CALCULATOR on the JHU Financial Aid Web site:
JHU</a> Possible Aid Estimator</p>

<p>By plugging in accurate numbers into the calculator, you can obtain a good assessment of what a potential need-based package would be for you if admitted. </p>

<p>It is important to note that as an ED applicant you will be eligible to apply for all types of need-based aid offered at Hopkins. By applying ED you will not be at a disadvantage for financial assistance. </p>

<p>All applicants accepted ED who applied for financial aid will receive an estimated aid offer with their acceptance. A final aid offer will follow in the spring after you submit the additional required documents (FAFSA, current taxes, etc.). There is a chance that the final offer will differ from the estimated award dependent on how correct one's estimates were when they completed their financial aid paperwork during the ED process. If we are unable to offer you adequate need-based financial aid, you may be released from the Early Decision contract. Because no additional need-based aid would be available to you as a Regular Decision (RD) candidate, your application would also be removed from consideration altogether. The Early Decision binding contract holds in all other cases. </p>

<p>As far as merit-based awards, all such awards are released when Regular Decision notifications are released. ED admits will be eligible for such awards but will not learn of being offered a merit-based scholarship until the end of March. Therefore a student will have had to commit to Hopkins before learning of such merit-based awards. </p>

<p>Finally, it is very important to note that we do not encourage a student to apply Early Decision if financial aid is a serious concern or if one is relying on receiving a merit-based scholarship to enroll. In such cases, we recommend waiting for Regular Decision so that you can weigh offers from a number of schools.</p>

<p>thanks daniel!</p>