<p>Is Wesleyan FA pretty generous for say $80-100K families?
Maybe relative to Ivies</p>
<p>Thanks!! :)</p>
<p>Financial aid is meagre for families in your bracket. They are not well endowed compared to any of the other"little ivys". Look elsewhere as you probably will not get any money.</p>
<p>^^^Is this true?</p>
<p>So essentially, there is zero chance of aid for a student from a 100k-125k income bracket?</p>
<p>Try Williams.</p>
<p>Wesleyan's Financial Aid tends to be need-based, so I highly doubt you'll get much at all.</p>
<p>For many, that is need based depending upon other expenses. Many schools do give aid to incomes in that bracket and above. I speak from experience.</p>
<p>A little basic information: 41% of the Class of 2012 is receiving some form of <em>grant</em> aid. However, any families making more than $40K a year in income would still be required to take out some form of loan. At Williams something like 50% of students get some form of grant aid -- but, no one graduates with any loans.</p>
<p>Obviously, Wesleyan hopes to increase the number and percentage of its students who both receive grant aid AND graduate with no debt.</p>
<p>thanks! our family income sounds significant by numbers, but we live in an area with a very high cost of living >_< we're actually considered relatively poor!</p>
<p>"Wesleyan's Financial Aid tends to be need-based, so I highly doubt you'll get much at all."</p>
<p>So my family is expected to pay well over half of their income (after taxes) to send me to school?.. =(</p>
<p>I think with that income and modest assets you'll get some aid...</p>
<p>I'm not on financial aid myself, so I don't have firsthand knowledge of the process, but I don't think the information you've gotten so far is completely correct. I know students with families making well over $100,000 who are getting significant financial aid. Often these families do have other children in college, which may be a factor.</p>
<p>Wesleyan recommends using College Boards "Estimated Family Contribution" calculator to determine about how much your family would be expected to pay. The amount you're actually asked to pay will likely different - possibly higher, possibly lower - but shouldn't be too far off. EFC</a> Calculator: How Much Money for College Will You Be Expected to Contribute?</p>
<p>There is a very good chance you will get some significant financial aid even in the $100k-125k range.</p>
<p>HOWEVER, other schools with larger endowments that have made major changes to their finaid system just in the past year or so will still probably be giving slightly better packages (ie. Harvard, Princeton)</p>
<p>thanks! yep, we used EFC and according to that should be getting pretty significant aid</p>
<p>My family brought home around 60k this year and I received 20k in grants. Last year it was more like 70k and 10k in grants. So I'm guessing 80k is getting close to the limit for receiving grant aid.</p>
<p>"My family brought home around 60k this year and I received 20k in grants. Last year it was more like 70k and 10k in grants. So I'm guessing 80k is getting close to the limit for receiving grant aid."</p>
<p>Wow that's terrible =(</p>
<p>No point in me applying to Wesleyan now, even though it was tied for my #1 choice...</p>
<p>^^^ I agree. My family makes more than that but I really need aid because my family pays for a house, pays for school for my sister and me and helps out the rest of my family that doesn't have as much money. Ugh. Everything is so hard.</p>
<p>Have either of you actually used the EFC Calculator?</p>
<p>Yeah, its kind of screwy because it doesn't include the $7,000 dollars my parents pay a year for school (Not including amounts the hundreds for books, AP tests, "art class fees", club fees) for my sister and me (each) because its something we choose to do. The public schools in our area are horrible and my parents honestly would live out of a cardboard box so we can get a good education. It said we should be able to pay for most of it though and it wasn't very comforting.
Does Wesleyan take factors like this into account we deciding financial aid?</p>
<p>The short answer is no. However, trying to predict how Wesleyan's offer will compare to any other offer that might materialize by the time acceptance time rolls around is a little like trying to predict which tulip bulbs are going to come up in Spring after you've followed that elaborate planting scheme in October. There are going to be some surprises -- and, disappointments. That's why you're advised not to apply anywhere ED if these are issues.</p>
<p>johnwesley - yep, I have, and it would suggest like $30K in aid. butttt, like you said, you never know. and no, I'm not applying ED anywhere, except perhaps brown</p>