<p>The EFC is not calculated by Rice. Thats done if the FAFSA and CSS/Profile</p>
<p>My efc is 10k
dad is unemployed
mom is a teacher
their real contribution will be around 4k, so i’m just taking out 6k in loans
I consider myself lucky because many kids have to take out more than 6k loans per year
Bottom line: I feel like Rice was very generous</p>
<p>And plus, I can whittle down that 6k by working hard during the summer at my movie theater job (3k) and doing work study (2k-3k)</p>
<p>I think you will definitely be able to make it without substantial loans–you just might have to work</p>
<p>OK - So you have been a member of this forum for a year and a half, and posted over 450 times, smart enough to get into a great school, but somehow don’t understand financial aid., ED requirements, EFC, and the history of how schools calculate need, - I’m not buying it any longer…</p>
<p>After reading more and more of your posts I’m left feeling that you more entitled than in true need. I think everyone who deals with the college admissions and financing dilemma gets unpleasantly shocked, but sooner or later we realize that the system is not out to get us, just unfair. So welcome to the club…</p>
<p>PS: Our family makes less than yours and has a EFC of more than twice yours. Life is unfair… Take out a loan, go to school, or don’t. Good Luck</p>
<p>"Around 70,000 a year is so ridiculously close to 80,000 dollars, if you were really that hell-bent on not having to take out any student loans, you should have applied regular decision. </p>
<p>You are still misunderstanding. She is not being asked to take out student loans. She is saying that she will have to take out loans to help her parents meet the EFC. This would be the case whether she applied ED or regular decision. Financial aid packages don’t cover the cost of family’s EFCS!> "</p>
<p>I do understand I meant that Alen feels his economic situation is forcing him to take out student loans even though he obviously doesn’t need to. </p>
<p>I honestly do not understand why he felt he had to apply ed though. What I really don’t understand though is why he didn’t take action earlier. If he felt the financial aid package was impossible to deal with, he should’ve called Rice, explained his situation, and hurried up and sent out some apps before the jan first deadline (nearly all colleges are very lenient about apps and materials being late anyway honestly).</p>
<p>are you a NMF?</p>
<p>my aid offer decreased by $1000, and i’m assuming it’s because i picked Rice as my top choice for the NMSC.</p>
<p>Schee410 - yes, that makes sense. Since your scholarships are contained within need, if you have a NM scholarship, it replaces your grant money. Some think this is unfair, but all schools except for a very few do this, since it means that you have less need. 
You end up netting the same amount of “free” grant/scholarship money.</p>
<p>wow I can’t believe theendusputrid you really did your homework while reading my posts lol…</p>
<p>I can’t believe you even knew my parents make under 30,000</p>
<p>holy moly theenddusputrid, you have his name also??? Who the heck are you on FB?</p>
<p>
</p>
<p>Yes, and yes, I did consider that. It was another reason why I chose not to send them an angry e-mail and simply asked for review/clarification. I just thought posting here would help - and it has.</p>
<p>theendusputrid - do you want to know why I felt I had to apply ED? Because I was insecure about my GPA and knew that ED admission rates were higher. I hope you’re happy now. Also, no, I don’t see my income level as being “ridiculously close” to $80,000. If my parents made $10,000 more than they actually do and surpassed the $80,000 threshold, then they could simply contribute that difference and be done with it. I did not make an issue of it earlier because I was told by one of Rice’s financial aid officer that my financial aid would not decrease. I was also hopeful that, since my FAFSA showed a decrease in my family’s income, my aid would increase a little. That was probably not a wise decision on my part and I am taking responsibility for it. Being frustrated does not indicate a lack of willingness to take responsibility. Maybe I am just discovering the reality of how the system actually works. That’s fine with me. Also, you’re really starting to creep me out. I have no idea how you know my name. It doesn’t particularly help you that you’ve been incredibly condescending in this thread and acted as if I had no clue what Rice is and isn’t obligated to do for me.</p>
<p>Sorry, I was rude I admit, I am still a bit frustrated I’m not going to Rice. Good luck with your finances, I hope everything works out for you.</p>
<p>UVA is a great school, too. But I understand. Good luck to you as well.</p>
<p>Oh yeah and dude I wouldn’t worry too much about your GPA and whether you can perform well academically at Rice. I mean, Stanton is a pretty tough school, if you can get a decent GPA there you should definetely be able to do all right at Rice.</p>
<p>To those still interested (doubt it), FA got back to me and said that they would look into what happened and that, in any case, they will honor the original award. So, I am definitely impressed by the prompt reply and courtesy of their FA office.</p>
<p>Sweet! I guess the FA office must be calming down after the initial onslaught.</p>
<p>Yeah, that’s my guess.</p>
<p>sweet! Hopefully it works out well for you</p>
<p>that’s awesome. Hopefully they will give you even more money</p>