<p>I think that $16k tuition benefit will count towards need…it wont remove/reduce parent contribution unless the OTHER aid is merit and can stack.</p>
<p>so if parents have a 100k income and a 25k family contribution, they will still have to pay that cost in many cases at full need schools</p>
<p>for example</p>
<p>62k COA</p>
<h2>25k EFC</h2>
<p>need = 37k</p>
<p>but…the 16k tuition benefit will get applied like this…</p>
<p>62k</p>
<h2>25k + 16k family contribution (31k)</h2>
<p>need is now $31k…so the school will provide aid (grants, loans, w/s) to meet that need, but the family’s contribution stays the same.</p>
<p>How much will your family pay each year? I have a feeling that the parents may be thinking that the $16k can be a chunk of their contribution, but it wont be at need-based aid schools. </p>