<p>My son mentioned Washington U has the best program he wants to go, but I am not sure we could afford it, so could anyone summarize the financial aid packages?
Thank you.</p>
<p>I am going to WashU next year, so I might be a bit naive. My family makes 100,000+ and I got about 36000 a year from financial aid PLUS I hear it’s east to get more if I wanted. I am pretty sure that’s good.</p>
<p>I think at one point I read that you pay EFC + 5000. Might’ve changed since then.</p>
<p>It’s definitely worth it to contact SFS and talk to them to explain your situation if you have any special circumstances that may affect your ability to pay. I know quite a few people who had their financial aid offers improved because they either called or went in person.</p>
<p>Patsson77,</p>
<p>what is the distribution of the loan and grant?</p>
<p>I got about ~44000 in WashU grant and 5500 in loans. Then the rest was Pell, work study, and my National Merit Scholarship. My fafsa EFC was around 4k.</p>
<p>I think it’s like $3000 in loans or something like that.</p>
<p>Thanks for the information.</p>
<p>Does the University meet 100% of need?
I tried collegeboard’s EFC calculator, our EFC is about $10000.</p>
<p>Seems like you might be a little late in the game for financial aid. We submitted our forms by the deadline and received a very generous package. WashU will cost us far less than our local state college.</p>
<p>^ I think OP’s son is class of 2016, not 2015. It’s not late.</p>
<p>Right, my son is high school class of 2012, so it is not late.
When you mentioned they offered a generous package, how generous it is, does it include a large amount of loan? if your EFC is already low, you may qualify for the pell grant. According to our income, he is not qualified for the pell grant. If our EFC is about $10,000, could the out of pocket cost be somewhere $ 25,000 or more?</p>
<p>This is a rather late response, since the last post is over a week old.</p>
<p>I don’t think your cost will be around $25k. I would say around $10-15k. In retrospect, it seems like WashU simply takes the total cost of attendance and subtracts your EFC. My EFC freshman year was $40k, and I was awarded a $10k scholarship and $5.5k subsidized loan. WashU will only improve your awards, as my scholarship has increased to $15k and a $5.5k subsidized loan, despite having an EFC of close to $60k now.</p>
<p>our package was $44K that included $5K in student loans. Then Enterprise Holdings (the rental car company) made a $25 million donation to Wash.U. and they revised our package to now include a $40K Enterprise Holdings Scholarship. They kept the other financial aid, so the first year will be completely covered. Every year she will for sure keep the Enterprise Scholarship. They were more than generous and we are very thankful.</p>
<p>For people who have already applied and were accepted to Wash U:</p>
<p>Is it possible to predict the school’s (WashU’s) calculated EFC using the CSS/PROFILE or FAFSA? I know it is ridiculous to try and find an exact dollar amount, but are these forms reasonably accurate? </p>
<p>It seems as though once your need is established WashU does an excellent job of covering need with more grants and less loans.</p>
<p>Yes I want to know that too.</p>