<p>I got a letter yesterday that gave me what to expect in terms of my financial aid package and it was pretty redic. They expect us to pay 35k a year, when my parents are making about 100k a year. One of my parents might as well quit their jobs... </p>
<p>Anyone else get one of these letters?</p>
<p>Hmm..did you get a likely letter or what?</p>
<p>If you really want to go to Dartmouth, and you also get into a comparable school that is giving you more aid, you can make Dartmouth match.</p>
<p>(So you already sent your IDOC and everything?)</p>
<p>all i had sent when i received it was 2005 tax forms. and i dont think its a likely letter because it didnt mention anything about admissions, only about the efc.</p>
<p>Remember that financial aid is based on the following; family income, family assets (savings, home equity, investments, etc), student income and assets (student assets are assessed at 20% so if you have a good amount of money in your name, a college fund, trust, savings etc it will raise your EFC). </p>
<p>So while your parents make 100K they could have significant savings or other assets which attribute to your having a 35K EFC.</p>
<p>Is there a a big difference between your 2005 income and your 2006 income? I would suggest sending in your 2006 information in ASAP so if an adjustment can be made, it will be made.</p>
<p>Last year we received a letter around this time from Dartmouth financial aid dept re: a request for additional financial info, and son was later accepted, so this letter may well be an indication of acceptance. If so, congratulations in advance!</p>