I am another parent that feels Furman has been a very worthwhile investment for our family. Much like the families here, we did not qualify for fin. aid so it became very important to look at schools that gave merit aid. Furman was the answer for us, child was able to secure the Townes scholarship. It was hard work though. The scholarship day was much more intense than what my child expected. (I was overwhelmed myself)
I read an article recently in Furman's magazine that discussed the new approach the school is taking to admissions and making Furman even more competitive.
I'll attach the link then you'll need to scroll down a few pages to see the article. It might shed light on the reasons they have cut the huge aid packages, outside of the named scholarships. I have noticed they have added many new smaller ones and one specific scholarship that is intended to help families that are experiencing unemployment.
http://www2.furman.edu/sites/fumag/D...s/FM11fall.pdf
Best wishes to everyone looking for the right school for their child.