<p>Thanks all for the advice. Yes we are self employed and business has huge and slow turning inventory demands hence the high asset base. And yes we didn’t expect much/any need-based aid but went through FAFSA paperwork because we’ve been told it is required for some student loans. Yes, daughter did also apply to financial “in-state” safety schools (got in to 4 of 5 so far) and also got a 25% merit aid from another, lesser known out of state school. So she has great options already before the Ivy results come out. But her interests and personality appear better suited for smaller, privates/Ivys. If she gets in any of these, we will weigh the trade-offs carefully and if needed, will likely go with the monthly installment payments as suggested, coupled with loans - and have her pay for some via P/T job. Thanks again.</p>