Financial Aid

Colleges and Universities A-Z Stanford University
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<p>Stanford seems to set itself apart from the other HYPS institutions (in my opinion) that they offer a MUCH MORE liberal curriculum (double majoring is relatively easier, BAS, dual degree, stuff that they actually display on their academic section of their site) yet the biggest flaw seems to be that stanford does not have the 10% ish plan that the top ivy's boast about: families with even 120-180k supposedly are expected to chip in around 10% of their income, and yes, the kid himself should chip in 5k, etc.</p>

<p>All the schools have indeed expanded themselves to the middle class, yet to those in the relatively upper middleclass, this new aid is still something they cannot exploit.</p>

<p>So to the crux, I looked everywhere on their site but could not find any chart/table that would say on avg, this much money would be given to an ideal family with this much income, ie: Princeton</a> University | Who Qualifies for Aid? or even Harvard</a> College Financial Aid Office - Fact Sheet </p>

<p>I would appreciate anything you guys could say. Thanks!</p>

2

<p>This article gave some examples</p>

<p>Stanford</a> drops tuition for some students</p>

3

<p>In the 2/25/08 Stanford Daily article titled "Aid Office details changes", the director of Financial Aid, Karen Cooper said that "the Financial Aid Office aims to put a calculator on its Web site over the summer so that families can predict their expected contribution."</p>

<p>I called a few weeks ago and they said the calculator was still in the works, but they didn't know when it would be finished or posted on the FA site. I hope it will be ready soon, since I need to predict what my S will be expected to pay next year.</p>

4

<p>thank you both;</p>

<p>I highly doubt calculators; I tried princeton's and their EFC for me was GREATER than the $50k that ivies generally have!</p>

<p>though this site greatly helped: Project</a> on Student Debt: Financial Aid Pledges</p>

5

<p>Pannaga, thanks for the link to the Project on Student Debt site.</p>

<p>We are middle income. FYI, I tried the Princeton Calculator using the same values that we sent to Stanford from our FAFSA last spring. The amount of aid Princeton would have given was within $1K of the amount that Stanford awarded my son.</p>

<p>One thing to keep in mind about these new financial aid programs for middle income families is that if a family has larger than expected assets for its income, then FA is correspondingly lower.</p>

6

<p>gladmom when do we start FA application for 2009-2010. I am a freshman here receiving great aid so far :-)</p>

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<p>Dew, according to the Stanford Financial Aid website in the undergraduate basics section, the deadline for submitting the CSS Profile, FAFSA and IDOC tax documents is April 15, 2009 for continuing students. Award letters will be available on August 1, 2009. I don't think there is any other application form that needs to be filled out.</p>

<p>Congrats on your great aid. Hope you are enjoying yourself so far!</p>

8

<p>thanks gladmom, yes i am enjoying myself here and hope your son is too!!</p>