<p>Yeah, my letter was uploaded online a while ago, and I just got the actual letter yesterday. I got about 40% of the $49,700 covered with "campus job" and Yale scholarship, but the EFC is still really high.</p>
<p>yay...so they're not gonna make us wait until March</p>
<p><em>goes to check FA page</em></p>
<p>thanks, mist</p>
<p>does anyone know what forms are necessary for the final financial aid package?
Do we resubmit CSS Profile?
Basically, how do they determine the final financial aid package?</p>
<p>"^ That's why I'm applying to Princeton <333!!!!"</p>
<p>Does Princeton really have a better financial aid plan?
and would you go about using the better financial aid package from princeton as leverage to increase yale's aid.</p>
<p>response to sgtpepper: how did you get the better aid package?</p>
<p>
[quote]
does anyone know what forms are necessary for the final financial aid package?
Do we resubmit CSS Profile?
Basically, how do they determine the final financial aid package?
[/quote]
</p>
<p>This year we got a form that asked some of the exact questions that were on the Profile. I had to fill it in, sign it with a witness and submit it for a final FA offer. If you currently have a FA offer it is tentative as your parents haven't done their taxes for 2008 yet. Y needs this finalized tax information in order to give you a final FA package. So, have your parents do their taxes ASAP.</p>
<p>
[quote]
does anyone know what happens if your private scholarships pay off work study, student income & grant?
[/quote]
</p>
<p>I'd give them a call and ask. It seems to me that they have to give back the difference to you in a check. That's what they did freshman year when my D had a full institutional scholarship (not to Y) and also had outside scholarships. But, every school has their own policies, so give FA a call, they should be able to answer your question easily.</p>
<p>
[quote]
would you go about using the better financial aid package from princeton as leverage to increase yale's aid.
[/quote]
</p>
<p>If you have a better FA offer from a peer school, you can give a call to the FA office and request a review of your FA package. Mention that you have a better package from another school and they will likely ask you to FAX them a copy of the other offer. This worked for us for both Y and Brown a couple of years ago, just make sure you (or your parents) are polite and do not give the impression that you want to "bargain" for a better deal.</p>
<p>Thanks for the reply!</p>
<p>you mentioned a "form" that you filled out? What is it/how did you get the form?</p>
<p>So should the request for the review of the package be mentioned to the hs counselor? Do they play a role or is this all done between the families and the schools?
And how much of a difference in financial aid offers would warrant a review/change of FA package? (and should a review be requested even if there is no better offer, but the parents still think the expected contribution is too high?)</p>
<p>I know there's a lot of questions, but thank you so much for your responses!</p>
<p>The form was sent to us by Y. It was just a confirmation of some final financial information. My D is a transfer student, so it might be a little different for freshman applicants. But as long as you've sent in your FAFSA, Profile and IDOC, you should be fine, just follow the instructions on the Y FA webpage.</p>
<p>The HS GC does not play a part in the FA package, it's just between the family and college.</p>
<p>How much of a difference depends on your family's financial situation, ours was 5k with Y, 15k with another school. IMO you should only ask for a review if you have a better offer, if there has been a change in your financial situation since you filed, or if you think they calculated something incorrectly. In other words, if your parents "think" the EFC is too high, they need something to back it up (change in job/salary status, medical bills, etc.), not just the fact that they don't want to pay that much.</p>
<p>Hope this helps, EM</p>
<p>Ah! I finally got my FA info.</p>
<p>Yale Scholarship: 44,846
term-time job: 2500
total FA award: 47,346</p>
<p>total family contribution: 1,954</p>
<p>My parents are super happy.</p>
<p>^how much do your parents make?</p>
<p>umm...adjusted gross income is around $64,000</p>
<p>I was missing a few things so I haven't gotten my offer yet, but Yale has the best financial aid, so hopefully I get a really good package. Going to Yale is soooooo much cheaper than going to my state university, two years ago if someone told me that I would've thought they were insane.</p>
<p>I got screwed over assets (mostly real estate and savings.) The 10% thing is not without exceptions!</p>
<p>But I still love Yale.</p>
<p>I just got my FA letter today. </p>
<p>Total Family Contribution: $2675
Student: $2500</p>
<p>I am beyond ecstatic with this award. I knew Yale's FA program was good, but this is really something else. I can't imagine any other school that I applied to beating that. It's soooooo much less than what my family pays for my tuition right now.</p>
<p>a $40,000 Yale scholarship is nice!</p>
<p>do any parents in this forum have experience with leveraging financial aid offers against each other? i have a much, much better package from a peer school (international-- i didn't violate the SCEA terms) but i'm not sure how i can use it to ask yale to reevaluate my package. suggestions?</p>
<p>Philo: congrats. I think you and your family should be honest with the difficult choice that lies before you. Tell Yale this and see what they can do. My experience in the past is that once they admit you, they'll do as much as reasonable to get to you attend. So YES, leverage your other offer w/Yale FA. </p>
<p>Best of luck to you.</p>
<p>Two years ago my D was admitted to Y SCEA and into peer schools RD. We asked Y to review her FA offer and mentioned that schools X & Y had more generous FA packages. They were very nice and asked me to fax them the other offers. They ended up deciding not to count our home equity and that made their FA package comparable to the others.</p>
<p>Just be sure to use the words review or reevaluate when you talk to them.</p>