<p>First off, congratulations to everyone that has been admitted!</p>
<p>Can those of you who applied for financial aid please post a rough estimate of net family income and what aid you were offered?</p>
<p>Thanks in advance.</p>
<p>They gave me a $37k grant and my family income is $24k... I was very surprised.</p>
<p>My mom and I live on $11k...</p>
<p>32k grant, family income over $100k with today's extremely low dollar value. The high grant because the taxes here are insane =)</p>
<p>@randombetch: a 37$ grant is much lower than the average for your income bracket, the average for your income bracket for the class of 2011 was around 43000 i think [according to P.U. admission info], so perhaps there was a mistake? You should ask the F.A. office.</p>
<p>ya i think their fin aid was kind of low too...
does anyone know what exactly they mean by outside awards? cuz i don't think i'm going to get as much in scholarships as they estimated i will</p>
<p>Is the number that they specify under the letter the amount they are giving in grants for one year? So each year we get this amount, roughly?</p>
<p>61K family income, 43K fin aid.</p>
<p>Okay what the hell. Why is my grant only $37k when my mom's income is $11k.</p>
<p>^ Unless there's something else you have - like huge investments or something - that's probably a mistake. Talk to them, and I'm sure they'll fix it or at least explain what's up. I definitely think it's a mistake.</p>
<p>40k income, giving everything but 2kish</p>
<p>40K income given everythin but $350</p>
<p>hearing about these makes me pretty surprised...my online offer was disproportionately low compared to other ppl on here's...& comparable colleges (as well as less wealthy ones) gave me alot more than princeton</p>
<p>Is there any way to ask Princeton to reconsider my finaid package? I want to consider Princeton as a strong option, but I have a much more generous finaid offer from Yale that makes Princeton impossible... should I tell Princeton about Yale's offer so they can try to match it? Should I call personally, or should my parents call?</p>
<p>WOW, Princeton just sent me a letter saying they reviewed my financial aid and now they reduced my family contribution down to $7.5k a year!!!</p>
<p>I love Princeton.</p>
<p>bmwdan13- I'm in the same situation. There is an extremely significant difference.</p>
<p>Yes. If you all really want to go to Princeton, then call the financial aid offices. Princeton wants to be the best alternative their preferred students are considering.</p>
<p>My aid packages were also very different from Yale and Princeton. I called and sent them a copy of Yale's offer and they matched it virtually dollar-for-dollar. I was impressed/very excited! It seems like they are very willing to work with you to make it affordable.</p>
<p>It might be weird to ask, but what's with the difference between mine and Angie's? Shouldn't we have the same?</p>
<p>Or was it a matter of owning your own home, having siblings in college, etc.?</p>
<p>It probably is a matter of home equity, siblings, investments, bank accounts, etc.</p>
<p>I think we're around $20,000 and my EFC was 0 (and I have a sibling in college, for what it's worth). Job on-campus + summer job is all Princeton wants from us.</p>
<p>And it's good to note that any outside scholarships people receive can reduce EFC. At some other schools it reduces the grant they give you so it's not even beneficial for you to apply for outside scholarships!</p>
<p>JoeTrumpet, Can you tell me where you read that outside scholarships can reduce EFC? As far as I can tell scholarships can replace your work study and then your summer earnings. After that, the scholarships replace the Princeton Grant. Nothing replaces EFC! I would love to be wrong on this one but unfortunately I think I'm right. Don't get me wrong though, replacing work study and summer work is good, it gives you a chance to work and save to contribute some more money as long as you are aware that a percentage of your income will be counted and deducted from your Princeton Grant as well as your assets.</p>
<p>They also let you use your grants to buy a computer freshman (and I think maybe one other?) year before replacing the princeton grants with outside scholarships. Getting rid of a summer job and work study can be used to reduce the EFC, as you can work over the school year and summer and make ~5000 pretty easily.</p>