Financial Aid decisions?

<p>Hi all,</p>

<p>I'm just wondering if anyone who has been accepted to Reed has heard anything about Financial Aid.</p>

<p>when my D applied she recieved her offer and acceptance at same time.
Of course this was * Olde Reed*</p>

<p>Yes. My financial aid package came with my acceptance letter.</p>

<p>Same thing for us last year, financial aid letter was with acceptance.</p>

<p>Yeah, apparently something went wrong and they said I never sent a csc application or something and they're only giving me $1300 a year. I am very concerned because I would LOVE to go but our family cannot afford the tuition. :(</p>

<p>I think you're thinking of the CSS Profile. Yes, Reed requires it, and if you don't complete it on time it can affect your financial aid decision. That's on their financial aid page and application information. I'm sorry that happened to you, though. Financial aid can be very confusing.</p>

<p>I hope I get the financial aid package soon. That's pretty much my deciding point on where I'm going to college.</p>

<p>I got my financial aid package with acceptance, as well. But, I made a large mistake on my FAFSA so they said they would be sending me a new estimate. You might want to call the financial aid office.</p>

<p>I received my Financial Aid packet yesterday, which also included my acceptance (I knew I was accepted because they called me)</p>

<p>However, I did not receive enough aid to make attendance realistic.</p>

<p>ditto . . .</p>

<p>Reed is kind of stingy with financial aid the first year, and supposedly they increase it in subsequent years (for most people). unfortunately, they didn't meet my full demonstrated need for this year...</p>

<p>It's not my experience that Reed is stingy with aid, but more that they have a limited endowment and try to do the best they can. Reed is also clear that they are not need blind. I guess my feeling is that "stingy" is a sort of subjective thing -- if you didn't get the financial aid you wanted, then any college will appear stingy. On the other hand, if Reed offers a better aid package than other schools, they'd appear generous.</p>

<p>It is just funny for me because I also got into UChicago, and they gave me the same amount of money, and it costs the same as Reed. If I'm going to take the same amount of loans out, the choice is pretty obvious. Had Reed been a bit more generous, I would actually keep their offer on the table.</p>

<p>And we had the opposite experience -- UChicago was very difficult about financial aid, never did provide an award. On other hand, Reed completely met COA. The decision between the two was pretty much financial.</p>

<p>I wish Reed had offered my son more aid, more in line with what other places have offered him. I think he does, too. Is it worth it to negotiate? Sounds like maybe not, that Reed does all it can with what it has. Advice?</p>

<p>It never hurts to ask. The best chances, however, are going to be if you can show that the "special financial circumstances" of your family were not reflected in the FAFSA and CSS Profile information but were considered by the other colleges. </p>

<p>But again, there is never any harm in asking.</p>

<p>It never hurts to ask was exactly what I was going to say.</p>

<p>My D was accepted to 7 schools, and Reed was far and away the lowest FA aid award ... $ 10,000 less than the next lowest offer. The confetti in the acceptance letter was the high point of her Reed experience.</p>