If Wheaton takes away my Pell Grant/SEOG Grant and doesn't give me more institutional grant or more loans then we cannot afford it. Wheaton would cost $2,400 more if they take away the federal grants and $5,600 more then Knox a year. Another CC member told me that Knox could have revised the figures and they very well may have added back some deduction from my dad's schedule C. So, I just do not know. I don't know if maybe this is just a Knox problem, but the Knox FA told me it's better I notify the other schools now so they can adjust my package then in the summer when I've already put in a deposit. They said that my dad put the wrong line on the 1040 for our income on the FASFA, but I looked and it was right. I don't get what they're talking about, something to do with my dad being an s corp. I would have thought it would have been an easy error to find (and our accountant put in the final numbers), so I'm really lost. I'll have my dad call Knox Monday for clarity.
The 3k stipend is only for the summer before my junior year. I literally just found out about my new scholarship at Wheaton late Friday, so never had time to ask them about what would happen if my GPA went below a 3.0. I will have the 30k in debt for 4 years at both schools even after my parents pay roughly 10k a year. If I would have went to Clark, I would have only been in 22k in debt for 4 years. I would have had to pay 10k, but my parents would still be paying 8k more overall.
When I tell people about Wheaton, I make sure to tell them it's the one in MA (and some of my teachers have heard of it). Knox on the other hand...haha...