No financial aid?

<p>I finally got accepted to Boston, after months of disappointment following a letter of deferment from my ED application.</p>

<p>I was excited to see that in the end, I was accepted, but then I looked at my financial aid.</p>

<p>“You are eligible for federal financial aid in the amount of $ 9,481. Your admission affirms the strength of your achievement; however, University funding is insufficient to award all students with calculated need. Therefore, we are unable to offer you University grant funds.”</p>

<p>So all I get is federal aid–and $3,500 is a federal loan.</p>

<p>The other school I applied to is giving me nearly 3x their base tuition amount, and only $5,000 of that is loans.</p>

<p>I definitely plan on appealing this, considering FAFSA’s calculated EFC was -zero-, and because I want to attend BU more than anything. I’m just wondering how I approach this?</p>

<p>I'm in the same position; though my EFC is not zero (Mine is 16700), I still don't believe that it's correct that I only get a Federal direct subsidized loan of $3500. I was surprised that they didn't even offer a Stafford loan or work study; Trinity University is offering me $10910 in grants and $27600 in loans. I emailed the financial aid office about it on Friday, so hopefully I'll get a reply in the next couple of days. I'd suggest you doing the same.</p>

<p>I'm also in a similar position. There is a formal appeal process so I'd say just do that..don't just send an email to the fin aid office...also if you live nearby or are visiting then make an appointment with the financial aid office</p>

<p>Oh, I had no idea they had a formal process; I'll definitely have to do that.</p>

<p>Where do you see where your EFC is. I don't see it on the BU applicant link. I only got $1000 in grants and $3500 in loans so my parents will be paying the rest. Also, is it possible to receive more grants, merit aid, scholarships, etc. if you show strong performance during your early years at Boston University for later years?</p>

<p>Im not sure, but I know that BU recalculates your financial aid package every year since things change.</p>

<p>I only received 3500 in subsidized loans. =[
My dad will pay the rest, but i think he would prefer that I went to a UC school where the cost is like half of boston.</p>

<p>if you log in with your pin at the fafsa gov site, it should say what your EFC is.</p>