<p>Due to my work, I expect that my daughter's tuition for b.s. will be paid in full for at least 2 of her 4 years. However, the other two years, I may not be eligible for tuition assistance from my employer. Therefore, I would need FA for her to stay in B.S.</p>
<p>Do schools have more aid for an existing student than they would have for a new student?</p>
<p>Usually unless your financial situation drastically changes, you will pay about the same amount each year. The schools budget for 4 years what they will spend on each student. So…I would recommend asking the school now, before committing. Explain the situation and ask how they would handle it.</p>
<p>I think they need “documented” evidence that your financial situation has drastically changed, so the first step is to let the school know your current status as the baseline.</p>
<p>I suspect that it is highly school dependent, but I agree to discuss with the school in advance. For example, with the financial downturn of the last 2 years, Andover re-evaluated anyone who asked, and adjusted aid accordingly, in line with their need blind policy. This resulted in many previously full pay students receiving financial aid.</p>
<p>We were, at one school, WL for FA. The letter clearly said, it is highly unlikely for you to get FA in subsequent years.<br>
All schools will re-evaluate, and many students, not just at Andover, received FA that didn’t before with the financial downturn. It’s a matter of letting the school know in advance AND knowing upfront the exact policy.</p>
<p>Thanks everyone. I will keep them advised.</p>