Does anyone know how generous SMU is with Grant Aid? Do they have a good amount of SMU Grants based on need, or is their aid mostly loans. My D got a $15K merit aid award, but still needs a decent amount to be able to afford SMU. Hoping they are generous?
Grants and work study are based on EFC. SMU seems to do a good job of meeting “need” , but I have not heard of anyone receiving grants that reduce their portion lower than their EFC. Not sure if that helps. Good luck.
Thank you @doresearch. I’m not expecting them to give beyond my EFC, but I’m hoping that they fill the gap with mostly grants, Stafford loan and work study. We’re really trying to keep the loans to a minimum and not have to go beyond the Stafford loan. I know some schools seem to give the Stafford and then these Parent Plus loans, and we’re not able to do that. I guess we’ll find out soon! Thanks for your insight.