My son was just admitted to Oxy and received a very generous financial aid package FY 2016-2017. I am wondering if they are going to be equally generous every year. Somewhere I remember reading that Oxy offers a good financial aid package the first year only, is this true? He was also admitted to Macalester and we are waiting to hear about financial aid from them. Thanks!
they both meet 100% of need, so no need to worry about ‘bait-and-switch’. i think mac relies less on loans so better net price potentially. but your need will be recalculated every year, so if financial situation changes, so will your aid.
Thank you!