Is the calculator a bit harsh?

<p>I put in 80,000 for income, and put everything else 0 and it said that there will be no grants and just a 5000 loan. Somebody at Cornell with 80,000 got more than that. </p>

<p>I also put in my own stats(32K, no other stuff whatsoever) and it said 10,000, 2500 work, and the rest grant. This sounds pretty good, but from what I've heard, P-ton is supposed to be Extremely generous. </p>

<p>Am I doing it wrong? What were your aid packages like?</p>

<p>good question I did it too and the numbers were harsh. Anyone know?</p>

<p>Agora- If ure family makes 32K, you will get an almost free ride at P'ton.</p>

<p>almost means that you parents would pay almost zero (less than 1 K)for ur college education and u need to work (prolly like 8 hr/week) during school year and sum summer earnings.</p>

<p>But hey, thats nothing considering ull get a princeton education for almost nothing!!</p>

<p>Good luck</p>

<p>Agrophobic, I believe that the last time you asked this, a Princeton student advised that you check with the Princeton financial aid office, since no one on cc is privy to all of your family's financial figures. If something does not seem quite right, print out your financial aid calculations and fax or scan them to the financial aid people and inquire. Don't guess; ASK people who would know for sure. It's important to know what to expect. Don't ED without that, unless you are wealthy and cost is no concern.</p>

<p>cricket made a good point - Apply RD rather than ED if money matters.</p>

<p>Regardless, Princeton fin aid is very very generous</p>

<p>Not exactly my point. It may still be a good idea to apply ED. There are advantages such as: possibly better odds of getting into your first-choice school, a closer "read" of the application since there are substantially fewer applications, and finishing the app process by mid December if you get in. </p>

<p>My point is this: Everyone's financial situation is different. You should carefully consider YOUR finances and ask for help from the financial aid office if you are uncertain of any facts or figures. This goes for ED and RD alike.</p>

<p>Without going into personal circumstances, I can tell you with excellent authority that someone whose family income is 80,000 will recieve significant aid. </p>

<p>Also, I just did the estimator plugging in 80000 for a family of 4's income and 0 for everything else, and the estimated family contribution came to 16,830 -17,830.</p>

<p>Further examples in addition to ICargirl's:</p>

<p>Admitted Students in the Class of 2009 Who Applied for Financial Aid: </p>

<p>Family incomes of:<br>
$0 - 39,999 average grant: $38,900
40,000 - 59,999 average grant: $34,800
60,000 - 79,999 average grant: $32,000
80,000 - 99,999 average grant: $26,000</p>

<p>wow sounds great. Im going to call them right away</p>

<p>what about students who have higher incomes, like $195,000, because i did the calculator, and it said that i don't get any financial aid at all</p>

<p>my EFC was at $2000 the first time I did it LOL</p>

<p>Gisele, here is the rest of the data for the class of 2009 for incomes up to your family's:</p>

<p>100,000 - 119,999 97% are eligible, average grant is $22,900
120,000 - 139,999 95 $17,300
140,000 - 159,999 89 $13,600
160,000 - 199,999 62 $13,200 </p>

<p>With those having family incomes over $160,000, three-quarters of those receiving aid have sibling(s) in college and one quarter does not.</p>