<p>I'm unhappy with the financial aid I got.
EFC=5000 using FAFSA but we have to pay 7500 out of pocket.</p>
<p>Will the amount of financial aid we get change after fillling out FAFSA or will it stay the same?</p>
<p>Both the EFC and NU’s award numbers changed every year for my daughter, but she is now happily working in her field, and will have all loans paid off by the end of 2010. Not too bad for a 2009 McCormick grad.</p>
<p>I’m wondering this too. With the CAESAR it shows my financial aid, but after I turn in FASFA will this change? When is my financial aid set in stone. I think this is what averby was asking. also, what is EFC</p>
<p>… im not happy with my financial aid either… my estimated EFC was supposedly $0, but with the financial aid they gave us, we have to pay $5000.</p>
<p>I called NU. They said after we fill out FASFA and do tax returns we get another offer, the official offer, that is our official financial aid. The FA gets set in stone in March.</p>
<p>^ So technically how does this work out with telling other schools to withdraw our offers…</p>
<p>I guess the FA info they sent recently is the estimate if all your CSS info was accurate.</p>
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<p>was that EFC of zero your estimate or the number that NU gave in the provisional FA pkg?</p>
<p>if the former, did you use the college board’s EFC calculator and choose IM as the methodolgy? this is what NU FA website actually links to .</p>
<p>also, does your pkg say you pay 5k and NU provides the rest? if so , that would be about 50k it is giving you. i’d say that sounds like a good deal, try to borrow that, enroll at NU, stay the course, and you’ll get a good return down the road - IF you are looking at 5 x 4 = 20 k investment.</p>
<p>does the ED agreement spell out the timeframe by which one has to make an aye or nay on NU’s ED offer of acceptance?</p>
<p>A couple things- 1) Assume they won’t give you less than the quote, since they’d be more or less screwing you if they did. Call to confirm, and obviously if your finances changed radically or you lied, etc, that might not be true.</p>
<p>2) Seriously, complaining they missed by $2500? I recognize that may be a hardship for some people, but honestly, that’s some ridiculous financial aid they’re already sending your way.</p>
<p>I think alot of students forget that the colleges expect the students to have summer earnings. So even if your EFC is $5000 they may be calculating that you should be working and saving $2,000 - $3000 in summer earnings and adding that into your requirement as well.</p>