<p>Generally speaking, what kind of financial aid is offered to students who are able to get off of a wait list? Especially if it mentions that "limited" financial aid will be available.</p>
<p>Does that mean 200K in debt?</p>
<p>Most schools give such students as much access to aid as those who got in the “normal” way.</p>
<p>Getting waitlisted for financial aid however, is quite a different matter…</p>
<p>Actually, at many colleges, financial aid goes to the most desireable students and those who apply earliest for financial aid. Many schools lack funds to give aid to people who come off the waitlist, so yes, if you come off the waitlist, you could be looking at $200 k in debt. However, it would be fine to contact the college and ask them about this before you bother to go on the waitlist.</p>
<p>if you’re getting off the waitlist at one of the ivies or another school who fulfills 100% need, however, they’ll give you the same amount of aid you would have gotten if you were admitted regular.</p>
<p>The college told the OP that “limited” financial aid would be available for people who come off the waitlist. That indicates clearly that the OP’s aid would be gapped, and may also include, at best, large loans.</p>
<p>It often means that people taken off the waitlist will be full payers.</p>