Financial Aid at Wesleyan

<p>So I was accepted with a decent finaid package (I'd have to pay about 34K out of pocket), but my parents are worried that after my brother (who attends UCLA) graduates in two years, the aid will get reduced drastically. Our income bracket is pretty high, but not high enough that we can pay full tuition. Does anyone have any experience or information?</p>

<p>It will be reduced when there is just one student in the family.</p>

<p>I’m aware that the aid will get reduced; I was wondering if anyone could give me an estimate of how much.</p>

<p>We were in this exact situation, and I very much doubt you will get an answer to this question (I never did). But when we finally got the dreaded reduced award it wasn’t as bad as we expected it to be. Although they do reduce the award, it appeared to me there was some effort to avoid tuition-shock. Although our share increased, it was manageable.</p>

<p>It is a bad situation, because by the time you find out, you are very much committed. We actually filed transfer applications just in case, but it didn’t come to that.</p>

<p>Thank you. That’s slightly relieving to hear. :)</p>

<p>We are also in the same situation The financial aid package was similar to yours for this year but when my son graduates from college this spring, we would be responsible for an additional $20k in tuition costs per year (per direct conversation with the Financial Aid Director). And all external scholarships are directly deducted from their financial aid package. So, we had to decline their offer.</p>

<p>You could do a few things:</p>

<p>One – directly ask Wes’ FA office about what will happen when only 1 in college; they should be forthcoming.</p>

<p>Two – use the Wes net price calculator and change from 2 to 1 in college and see the change</p>

<p>Three – do the same on College Board’s EFC calculator</p>

<p>Hope this helps!</p>