<p>Hello there :)</p>
<p>My relative recently offered to loan me $27,000 for college, so I'm wondering if requesting financial aid worth of $42,000 or $15,000 makes any difference?</p>
<p>How do the admission work?
Does applying for financial aid automatically puts you into a more competitive pool and students from the pool will be selected irregardless to their <em>amount</em> of need?</p>
<p>Thank you for your enlightening replies!</p>
<p>Some schools are need blind, in which case the amount of need doesn’t matter.</p>
<p>Most schools are need aware, and the amount of need does matter.</p>
<p>At Need-aware institution, do the colleges separate the applicants to two pools, one with FA, one without FA?</p>
<p>I don’t think most schools are need-aware. State schools aren’t. Many privates aren’t, either.</p>
<p>Most schools just throw out an FA package and if it’s affordable then fine, if it’s not, then go elsewhere. Schools that don’t meet need aren’t usually need aware.</p>
<p>The need-aware schools (I think) try to meet need, so if they don’t have deep pockets like the ivies, they sometimes have to consider need during the admissions process.</p>
<p>As for what happens at need-aware schools in regards to “piles”… We don’t know how all of them handle applicants. </p>
<p>My relative recently offered to loan me $27,000 for college, so I’m wondering if requesting financial aid worth of $42,000 or $15,000 makes any difference?</p>
<p>you don’t get to request a certain amount. You provide your financial info, and the colleges determine your need.</p>