Does aid amount change every year?

<p>Last year, my dad had a back surgery, so he didn't work a lot. Thus, I qualified for an amazing amount of aid from Emory.
However, my parents are NOT going to put a penny into my tuition.
Thankfully, they do have money saved up for college, which can last me 4 years as long as I can get awarded the same amount every year for 4 years.
My concern is that my parents will start making a decent amount of money starting this year. (still less than 100,000)
******<strong><em>Is it true that your aid amount changes EVERY YEAR?? *</em></strong>*****
***<strong><em>Even if they do, what if I declare myself INDEPENDENT?? can I qualify for the same amount? *</em></strong>
<strong><em>If the amount does change, what do they do with the students who can no longer pay? like is there a merit-based scholarship available for them? or a program like this?</em></strong>**************8</p>

<p>You need to file every year, so yes, it will change. I don’t know about filing independently. Good luck!</p>

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<p>You can sign a declaration of independence, but you will not be an independent unless you get married or are attending graduate school.</p>

<p>Aid changes but it’s pretty much the same assuming income’s the same.</p>

<p>I pay 16k a year and my family makes 85k after taxes, if that’s a reference.</p>

<p>Aren’t independent students ineligible for Emory institutional aid?</p>

<p>Your aid will change if there is about 20% change in income. That’s a trigger. Also, if change in number of family members (children only) in college. Then the college says you can pay more, and reduces aid. If your assets change a significant amount, I think aid will change also. The college says what you can pay. Your fafsa efc is low for css profile schools. They will always make you pay more b/c home equity is counted as an asset. If your parents won’t pay more, you will have to transfer to a lower cost school.</p>