twin power

<p>if my twin and i went to the same college, would we get some sort of discount or aid?</p>

<p>George Washington would give one of you a half tuition grant. There are other rules, you may not be able to combine that with other types of financial aid. Every school would be different.</p>

<p>For most schools you won’t get any sort of discount for having siblings at the same school. There may be exceptions but you would have to check with each school.</p>

<p>Need based financial aid depends on your family circumstances so it is impossible to tell from your post. For FAFSA (the form you complete to apply for federal aid, some State aid, and most schools institutional aid) having more than 1 sibling in school does make a difference to the EFC (Expected Family Contribution), by which schools determine your financial need. The EFC generated by the parent income/assets is divided equally between the number in school. Whether that would make you eligible for aid would depend on what your EFC is and what the cost of the school is. For instance if the EFC is 40,000 then divided between 2 of you would give you and EFC of 20,000 each. If you go to a school where the COA (cost of attendance) is 18,000 then you would get no need based aid as your EFC is higher than the COA. If you go to a school where the COA is $25,000 then you may get some aid as the COA is $5000 higher than the EFC giving you ‘need’ of $5000. How and if this need would be met would depend on the school. This would be the case whether you attend the same school or different schools.</p>

<p>If you go to a school that requires profile (a more detailed financial aid application required by about 300 colleges in the US) then having more than one in school will probably make some difference, but not necessarily the same as with FAFSA as each school will have their own rules.</p>

<p>for FAFSA some (mostly private) colleges use the IM method which does not divide the EFC in half but expects you to pay 60% of that amount for each or basicly 120%. If you use calculators it will ask federal method or Institutional method or both. If you select both you will see the difference. Let me tell you I was not pleased when I saw that. Good luck.</p>

<p>

</p>

<p>FAFSA and the IM are two completely separate applications. Schools that use IM generally require both FAFSA and the IM form (CSSProfile, administered by college board).</p>

<p>FAFSA is the Free Application for Federal Student Aid. It is a federal form and follows a strict formula - it will *always *divide the parent part of the EFC equally between siblings. (any part of the EFC generated by student income/assets is not divided. It does not matter whether you go to a FAFSA only school or a school that requires CSS and FAFSA - the FAFSA EFC will always be calculated the same way.</p>

<p>The IM method generally refers to a different aid application that is completely separate from FAFSA. The IM refers to css profile - a privately operated form that you submit through collegeboard and must pay a fee ($16? per college) for. About 300 schools require this. It is not the same as FAFSA and is not the financial aid application through the federal govt. </p>

<p>Nearly all schools that use CSS will require you to complete both FAFSA and CSS (there are a couple that do not accept federal money so do not require FAFSA). They will use the FAFSA EFC to determine eligibility for any federal grant aid. But they will use CSS (which each school uses the information differently) for their institutional aid. How they use the information from CSS (including assets such as the family home which are reported on CSS but not on FAFSA) will vary from school to school. This also applies to how they will treat siblings in school at the same time - each school will have their own method for institutional aid purposes - but not for FAFSA and federal aid purposes.</p>

<p>I found a few sibling/twin discounts when looking for my daughters. GW is the best at 50% but others have 5-10% off, some have 1/2 tuition, but you have to ask about how they give them. Some like Providence (if my memory is correct)said you can get mulitiple awards, I think Catholic U (2000 grant)said that also, but others only give 1, so you have to choose what is better.
<a href=“http://collegelists.pbworks.com/Twins+-+Scholarships+For[/url]”>http://collegelists.pbworks.com/Twins+-+Scholarships+For&lt;/a&gt;&lt;/p&gt;

<p>There aren’t many sibling/twin discounts out there.</p>

<p>I think that Lake Erie College in Ohio has a specific twin discount.</p>

<p>If you have attended the Twins Days Festival regularly there is a scholarship you can apply for from them.</p>

<p>Fairleigh Dickinson (NJ) offers a sibling discount. I don’t recall how much it is, but I do recall that the discount didn’t wow me.</p>

<p>The way I look at it, with 2 or 3 in college I’ll take whatever they want to give me, it all adds up! : )</p>