<p>hey.. if anyone can clarify I'd appreciate it a lot.
swarthmore says that, due to whatever, some people may receive financial aid with incomes over 100,000 and some may not with incomes under 60,000.
can someone tell me what this means? my parents are inclined to believe that they don't give aid if you're "too poor." I don't want to assume that, since i'm sure I read somewhere that they give 100% help with demonstrated need.
please help me!</p>
<p>Have you or your parents used an on-line financial aid calculator? Here’s one example:
[FinAid</a> | Calculators | Expected Family Contribution (EFC) and Financial Aid](<a href=“Your Guide for College Financial Aid - Finaid”>Expected Family Contribution (EFC) Calculator - Finaid)
Speaking very generally, a family with $60,000 in income, no other children in college and large amounts of financial assets might get little or no financial aid. A family with $100,000 in income, 3 kids in college and few financial assets might get substantial aid. Swarthmore, and a very few other schools, promise to meet 100% of demonstrated need (with no loans, in Swarthmore’s case). Of course the schools calculate what they determine to be your family’s Expected Family Contribution and therefore your family’s “demonstrated” need. Some families find the college’s calculation reasonable, some do not.</p>
<p>^what he said is entirely accurate, Swarthmore is also well-known for giving good aid.</p>