What is Tufts financial aid like?

<p>Just curious. Would people consider it to be more on the stingy side? I know it's a 100% need, but that also includes loans...</p>

<p>Is it more scholarships/grants, or loans? I know the budget for work study is significantly lower but can it still be given out to people with incomes around 100k? Or is it more for those who are with 0 EFC?</p>

<p>We also like Tufts, but it didn't look like it gave any merit aid.</p>

<p>Any current attendees who received any aid, merit or need?</p>

<p>Not worried about merit... I'm worrying about just getting in!</p>

<p>I'm more worried about need.</p>

<p>im in the same boat.... my family makes around 80k (dad is retired) yet our FAFSA efc was 43k! theres no way we would be able to support that,and I dont want student loans until im 35</p>

<p>Rome.. I have to think the problem isn't income in your case as much as it is assets, especially if your dad is retired. 43K isn't that far away from paying full tuition. </p>

<p>As far as I understand about NESCAC schools, there is no merit aid so in order to get financial aid, there has to be need. However, it is a private school and beyond the fafsa, they are left to their own decisions there. There are scholarships they can offer and to some students they perhaps want more than others they will package more grants/scholarships than loans. Whereas quite a few nescac schools (and Ivy) have replaced loans with scholarship, I don't think Tufts is there yet and may have just become need blind in admissions just recently. </p>

<p>And as an aside, according to a financial letter released by Middlebury today they outright said they will be adjust the expected family contribution as a way to weather the financial downturn but it won't apply to existing students, so you do the math. :)</p>

<p>Omg, yay at Modadunn's last statement!!!! Does that apply to NESCAC schools?</p>

<p>we dont really have any assets... he took a bunch out of his pension last year to pay of credit card debt and that had to be listed under income. other than that there really isnt anything</p>

<p>Then next year, your income will drastically drop and your EFC will be much lower.</p>

<p>My daughter is in her senior year at Tufts and my efc is 42K. My financial aide package was about the same each year; 22K University grant, 2.2 K work study and 1K Tufts loan. There were also the federal loans.</p>

<p><a href="http://talk.collegeconfidential.com/financial-aid-scholarships/561583-financial-aid-tufts.html?highlight=Tufts%5B/url%5D"&gt;http://talk.collegeconfidential.com/financial-aid-scholarships/561583-financial-aid-tufts.html?highlight=Tufts&lt;/a&gt;&lt;/p>

<p>This might help a bit?
That last post about 17k might reassure you a bit?</p>

<p>WOW. That post is INCREDIBLY reassuring. And I didn't see that thread <em>smacks head</em>. Thanks for the reference, 3.7 :)</p>

<p>Now I just have to worry about getting in...!!!!</p>

<p>I don't blame you, the last post was in last September :O</p>

<p>So, Dad-Joe,</p>

<p>With an EFC of 42K, and Tufts COA around 50K, that would imply that Tufts only had to meet a gap of 8K, yet your daughter got a 22K grant, plus WS and a loan, for a total of almost 25K in aid? So your out of pocket was not the EFC of 42K, but more like 25K per year?</p>

<p>If that's the case, then that is great news!</p>

<p>Yeah, just echoing GabbaGabbaHey's sentiments...wow!!!</p>

<p>Dad-Joe, if you don't mind me asking, are there any special circumstances surrounding your daughter (like maybe exceptionally talented at a certain skill or something) that would make Tufts give her what seems to me, a pretty generous FA package? Or is that really typical for many students? Sounds almost too good to be true but if it is, I'd love Tufts even more!</p>

<p>Anyone know when we'll get our financial aid offers?</p>

<p>anybody know off-hand if Tufts sends likely letters for RD? what about athletic $$? just curious for my niece.......</p>

<p>Usually when you are accepted into the school they will give you a ballpark of your financial aid package if you've sent in all your stuff and it's not estimated, but final. However, even if you have still not finalized your fafsa etc, they will give you a fairly good guess. This will be formalized once they have all your final stuff but unless your numbers change significantly, it's pretty much accurate. And while I don't know about Tufts, from people who I've spoken to schools usually err on the side of conservative (whereby you MIGHT get a tad more.)</p>

<p>There is no merit money at Tufts, and certainly not for athletics. However, if you are a desired student, they might package more scholarship than expected loans.</p>

<p>^ Are you saying after April 1st, or before?</p>

<p>If your regular decision you would get your financial aid offer shortly after decisions are released. And truth be told, I don't know Tuft's policy specifically, but that's how it typically works.</p>

<p>It was our experience the the FA package came along with the official decision big envelope (although D found out her decision on-line first).</p>

<p>All though this could have changed over the years, I do not think that Tufts sends out Likely letters.</p>