How strong is Stanford's Financial Aid

<p>For someone with a family making 120k-140k a year(Not expecting much from FAFSA)</p>

<p>expect anywhere from 25-37k in parent contribution</p>

<p>You’re not serious. Oh crap…</p>

<p>I would say 1337 is being conservative, as well. Expect 25-37k contribution from your income alone. If you have assets, it’s going to be much higher.</p>

<p>There’s a financial aid calculator on their website. Plug in your numbers and you’ll have a better idea of what you’d be likely to receive. </p>

<p>What I can tell you is that CC people report that Stanford’s aid is comparable to Harvard’s, which is among the most generous in the country. My D received financial aid estimates from HYPSC, Georgetown, and Duke. From best to worst the packages went in this order: Y, P, H, S, C, D, G.</p>

<p>Take note that you can negotiate down your parental contribution if your case is reasonably justifiable and/or you have a lower NEED-BASED price from another university (might help if the university is of comparable standing).</p>

<p>We have no assets. And 25-37k parent contribution, considering where my parents live and the C.O.L, is putting a huge strain on them.</p>

<p>Well, I got about 22k. Is this per year?Or per term. Either of which, it’s still pretty hefty.</p>

<p>That is for this year. The Stanford financial aid office can and (I think) does recalculate aid each year. I’ve actually heard troubling rumors of Stanford decreasing need-based aid in subsequent years, a rather sinister notion, haha.</p>