Financial Aid Changes

<p>So, my financial aid package for the upcoming year is going to be sweet (i.e., ALL costs are covered by grants). However, this year, my father just got a job after being unemployed for 9 years. My parents are divorced, but are now living in the same house...</p>

<p>I wanted to have some estimated idea of how much my package will change, so I don't come in thinking I'll pay nothing and leave having to pay thousands upon thousands. </p>

<p>Here's the rundown
Mom's income: around 25,000
Assets: 1,000</p>

<p>For the upcoming year
Dad's income: 50,000 (should be around 80,000 for a full year)
Assets: 0</p>

<p>So, can any of y'all give me what I should expect? And would Duke's financial aid office help me get an estimate?</p>

<p>No offense, but this might not be the appropriate forum (if indeed any such exists on the internet) for this kind of detailed info. Since you can give such detailed info at this point in time, you should probably just run the numbers by the financial aid office.</p>

<p>Why? Are people going to track me down and spit out my parent’s income numbers at me? It’s not like I told where I live.</p>

<p>It’s generally considered private information and posting/asking about it on a public forum is somewhat inappropriate for several reasons:</p>

<p>1) Your parents might not want their situation and financial circumstances known even if this forum and the internet is generally considered “anonymous”</p>

<p>2) Privacy on the internet is becoming a thing of the past, IP addresses are routinely logged and backups usually made that are semi-permanently stored. Add to that, search engines like Google and archivers like the Internet Archive will often cache, index, and store pages for years at a time, information you post will be available for a very long time. What’s to say that you (or a website, or a hacker) won’t accidentally divulge your personal information in the future? </p>

<p>Case in point, Netflix released “anonymized” DVD rental records of customers with names and personal info redacted. But since the general location of subscribers are still shown, it was easy to identify people based on their tastes and such and some were even outed against their will in the media. </p>

<p>3) I’d hazard a guess that many people on this forum won’t know how to calculate or even estimate how your FA will change because they don’t know the exactly formula and most won’t even know the general formula all that well. </p>

<p>Therefore, it can be inferred (somewhat validly, IMHO) that those who would have an idea of an estimate draw their approximation from personal experience. Therefore, should there be responders to your inquiry that demonstrates somewhat detailed (or even general) knowledge then it is likely that other readers can infer the present/past financial/personal circumstances of those responders from the numbers you posted thus constituting a risk of breach of privacy to others who might have liked to help you. In the worst case, those other users might have already identified themselves in past instances on this or other forums. </p>

<p>Those are just some of the obvious reasons for safeguarding privacy on the internet. Examples abound of people who think internet is completely anonymous and harmless and end up getting burned. pleaserobme.com is a good awareness campaign for that sort of thing.</p>

<p>In short, IMHO, etiquette and common sense should dictate that if you are not comfortable telling a crowd of strangers something, you should not post it in a public forum. At the very least, discuss intimate/personal/private matters through PM.</p>

<p>Extremely well said.</p>

<p>I would suggest using the EFC calculator for both the FAFSA and CSS Profile. Duke uses the profile, so it will probably give you a ballpark # for what your expected family contribution will be for next year.</p>

<p>meant to include the link…</p>

<p>[EFC</a> Calculator: How Much Money for College Will You Be Expected to Contribute?](<a href=“http://apps.collegeboard.com/fincalc/efc_welcome.jsp]EFC”>http://apps.collegeboard.com/fincalc/efc_welcome.jsp)</p>