<p>When I applied to Emory, I didn't care about how much tuition was despite my parents constantly saying they cannot help me pay for college. I've applied to a couple scholarships. I've completed my IDOC, CSS, and FAFSA applications. But, what's worrying me is the fear of getting little aid and visiting CC completely exacerbated my anxiety. </p>
<p>Should I really worry about financial aid? My parents make roughly 30K and I will probably have a couple thousands from scholarships and money from work. The issue I'm having is my dad's assets: he owns 50% of a small business and two houses, one with a current market value of 180K and the other around 200K. The house at 200K is currently being rented and the money directly goes to paying the 180K house. His assets worries me because my parents aren't really together, but paradoxically they are... I don't want to go into further detail, but what I can say is that my dad doesn't live with my mother, siblings, and me, and he only helps my mother in her bills, which I explained under the special circumstances.</p>
<p>Can anyone give me his or her opinion or experience about this?</p>
<p>I would try posting on the Financial Aid board. Since Emory is a profile school, they will be looking at everything. They will also likely add back some of the business deductions your father took. This could increase his income. They also do not promise to met full need so there will probably gap you.</p>
<p>Emory promises to meet full need. The question is what Emory will determine the need to be.</p>
<p>Whenhen is correct.</p>
<p>Note that many people have found that the NPC often is not accurate for small business owners when applying to a profile school.</p>
<p>As a 50% owner of a business (a struggling small business), I will tell you that I was severely disappointed with the financial aid package my daughter received (basically 2 Stafford loans and work study).</p>
<p>I had used Emory’s financial aid calculator on their website. An Emory Financial Aid officer said “you can’t go by that – it isn’t really accurate”.</p>
<p>I have found that their determination of need is extremely subjective. Why else would my family of four with AGI of $80k not be awarded aid? Especially since Emory touts itself as offering so much financial aid.</p>
<p>Question: did you apply RD and you are now evaluating acceptance offers? Is there another school where you got more aid that might be comparable to Emory?</p>
<p>Classof2015:</p>
<p>The problem with the profile schools is that some of them will add back to income certain business expenses that the government allows for tax reasons. This inflates your income even though that income in reality does not exist. That is one of the reasons the NPC for schools that use the Profile do not give good data for business owners. Some schools will state that on their NPC.</p>