<p>I was blown away by the financial aid package I received from JHU. It was approximately a 42,000 dollar grant with 2,500 work study. This was way better than another package I got from a top-tier schools. However, I'm worried about JHU decreasing its grant in future years. I've heard how colleges often given good offers to incoming freshmen, but then increase the parent contribution over the years. Is this true? or should i expect this to stay the same if my family's assets/income remain the same as well?</p>
<p>i am in your same situation, got a grant the same amount with work study but it says JHU grant/freshman… which worries me…</p>
<p>JHU is not one of the schools that sucks people in with a good FA package for first year and then yanks it away. While there is no guarantee, if your family’s financial position hasn’t changed substantially for the better, you can expect the same amount of aid in future years. Moreover, if the family’s financial situtation gets worse, your package might get better.</p>
<p>I know of no top schools that play that game. You can usually spot that trick because continued aid is predicated on maintaining a high GPA (higher than average, so most recipients lose the aid because they haven’t met the condition).</p>
<p>I am not a financial aid counselor so I asked one of my colleagues in the financial aid office to answer the main question of this discussion thread and here is what he wrote:</p>
<p>“Student must reapply for financial aid every year. All things remaining the same, a family can expect the same level of support in subsequent years. The Bloomberg is a no loans package.” </p>
<p>I recommend if you have further questions you should direct them to a financial aid counselor: [Student</a> Financial Services | Contact Advisors](<a href=“Student Financial Support | Johns Hopkins University”>Student Financial Support | Johns Hopkins University)</p>