Hi,
I was ecstatic when my twin and I received a nice emory college grant. We were excited because that meant less money and attending a prestigious school together. However, after a couple of days of receiving the package they changed it. They reduced the grant by more than half, so now I’m not sure if we can afford it. However, my question is can Emory do this? Is there anyway of getting the original money back?
Also I am in Atlanta and going to talk to main financial aid director. What should I say to get my grant back if there is anything I can do?
Also I don’t have any scholarships. So they didn’t reduce it based on scholarships.
I would definitely go and talk to them. Bring the two documents that show the different amount and nicely ask them to explain. Was there any explanation when they sent the revised offer? Could one document be showing per semester and one per year?
Of course Emory can change the amount of money they award. It’s THEIR money.
However, you need to ask WHY. Maybe somehow they forgot that there will be two in college???
Or maybe they discovered that some asset wasn’t reported or wasn’t reported correctly??? Maybe your home’s equity was under-reported and they have decided that there’s a lot more equity there?
Maybe your parents forgot to include their annual retirement contribution??
You need to go in…you and your twin…and find out.
Go,talk to Emory finaid ASAP.
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FASFA says they should pay 40,000 for me, and 40,000 for him.
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Your family has a total EFC of $80k…so very high income. Even tho Emory doesn’t only use FAFSA, the fact that Emory isn’t known to be additionally generous, I suspect that they expect your family to pay at least $40k per twin (maybe more if lots of home equity), plus student loans and maybe work study.
What was the amount of the original grant for each twin?
What exactly was awarded in each FA pkg?
Well we went yesterday and they didn’t give us an explanation. We spoke to one lady and all she said was she was it sure why, and that we would have to speak to her supervisor.
My question is, is there anything I can do to help me get back the original amount or is it like 1/100 chance?
The only thing you can do is to talk to the supervisor and find out WHY it was reduced. If the reason it was reduced is legitimate because your parents under-reported something, then you’d have a zero chance of getting the aid back.
If you talk to them and find out that THEY made a huge mistake, then you might have a 100% chance of getting the original grant back.
Right now, you’re facing something like a “grade change”.
If you suddenly are averaging an 80% in a class after you had been averaging a 95%, then you’d go to your teacher and find out what happened. If the teacher realizes that she put a recent grade in as a D instead of an A, then you’d have a 100% chance of getting your grade fixed. BUT, if teacher tells you that you failed the most recent test and shows you your failed test, then there would be a zero percent chance of having your average changed back to a 95%…right?
What WAS the original amount!?
You say your FAFSA EFC was $40,000 for,each of you. That means that Emory likely expects that your family will contribute at least that amount. Since Emory uses the Profile, it is possible,that the amount expected by Emory is more than $40,000 each.
With that amount of EFC per fafsa…your total EFC added together is $80,000. That would indicate an income in the $250,000 a year range or more…either that or very significant assets that are being counted as well.
When did the grant change, after you sent them parent tax return or W2 information?
When my D recieved her first FA package after admission in March a few years ago, it is an estimated package ago. They asked for verification documents and it was subject to change. The question is why do they need to change it.
The OP went into the FA office and was told that they were going to look into it. I suspect that they got back to her with an answer