<p>goaliedad,</p>
<p>I wasn’t referring to UVA, but a private LAC. Certain funding, such as SEOG and Perkins are only offered on a limited basis. It is first come first serve, to a point…when many applications are received virtually at the same time, it goes to the “most needy” of applicants first. This is what happened in my case.</p>
<p>Also, I am not referring to those people who are truly planning for their future and retirement. One must invest their funding wisely to ensure the ability to retire some day. And, as both a parent and a student, I understand, and agree with the concept of squirreling money away for one’s retirement and taking loans for the child’s education. I was only venting about those individuals who are placing their financial aid desires at the forefront…squirreling away funds solely to increase the likelihood of receiving a better FA package. Diverting funds with the sole purpose of improve an FA package, while the diversions might be totally legal, is the bigger problem, as I see it.</p>