<p>NY</a> Times Advertisement</p>
<p>Well, it’s actually an article in the NYT education section, and not an “advertisement.” But still, old news: Wesleyan, Dartmouth, Williams, Grinnell. Nothing we haven’t heard before. (And I’m not sure I’d categorize Dartmouth or Wesleyan as “smaller.”)</p>
<p>yeah, I don’t know why it came up like that. I didn’t name the link, it was automatic. The use of ‘smaller’ is from the text of article, not my words. And yeah, I’ve heard it before too, but the article is from 2 days ago, so thought someone might like to take a look.</p>
<p>Even though there still are quite a few schools that meet 100% of need, it isn’t a shocker to understand why schools may want to consider just how much need students have before deciding to admit them.
That would be like deciding what car to buy without considering how much you can afford.
( or becoming fixated on your " dream school", and ignoring the cost)
It also isn’t unreasonable to expect students to take out federal loans for their schooling, although if you need to take out private loans, they may want to consider if they can afford to do so.</p>
<p>Dartmouth has actually increased its financial aid initiatives ; in fact it now offers full tuition scholarships for family families making 100k with typical assets (up from 75K). </p>
<p><a href=“Home | Financial Aid”>Home | Financial Aid;
If you fall into this category, you can essentially graduate with no loans (however, some families in this category may still end up borrowing if they cant cover their EFC, which would go toward paying the room and board).</p>
<p>This year they have also established a special enrichment fund that provide grants to students to allow them to pursue educational opportunities, that cannot be covered by financial aid, and that would be otherwise unavailable. The fund will assist low income students who have pell grants in their FA package and international students whose student/parent contributions are less that 4,995 the fund covers the following:</p>
<p>expenses associated with leave-term internships
fees for physical education and enrichment courses on campus
replacement of leave-term earnings while students were participating in educationally significant opportunities</p>
<p><a href=“Home | Financial Aid”>Home | Financial Aid;
<p>Thanks for the info. I knew some of these schools have been trying to increase grant aid to people in that part of the middle bracket. Unfortunately for our family, they don’t appear to have scaled things at all for families above 100K. I just ran their NPC for our family of 4 and $125K, and it gives us an EFC of $43,000, several thousand above some other comparable places. Lucky for us there are lots of places D will get full tuition scholarships and more at a few places. Not at the level of Dartmouth, but that’s OK.</p>
<p>Is your income from self employment or do you own additional property outside of your main residence? That seems high otherwise.
Other schools that meet full need may give you a lower EFC.</p>
<p>No, just ordinary wages and one house. We live in a state where state employees just this year had to start paying half of retirement acct deposits out of wages, but it’s not optional, don’t have access to that money. House is paid for, maybe that is what causes it. A couple of schools that don’t look at equity for middle class income give us lower EFC, but that’s the exception.</p>
<p>I think any school is going to count deposits made to retirement accts as available for tuition, but in the case of the employer requiring deposits, I’d ask the financial aid office if they take that into consideration.</p>
<p>But if you dont have mortgage payments, I’d agree that schools are going to expect that you have more available income for education expenses than if you were paying for housing every month.</p>
<p>We still had mortgage payments, but with the housing bubble, we also had a lot of equity that was " available". ( according to schools)</p>