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Old 04-21-2008, 07:05 PM   #1
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Join Date: Sep 2005
Location: MA, USA
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Financial Aid Stability

Hello everyone! I recently recieved a second revised financial aid award after providing some extra information about my parents' gross income. The decrease in my family contribution was significant. I was wondering what the policy is for the grant amount changing for the next four years?

Is there ever a big reduction in grant amount based on little to no vacillation in financial aid information? Also, does Princeton ever lure students in only to jack up the family contribution afterwards?

Excited and looking for experienced answers. ^^ Thank you!
QTHoller is offline  
Old 04-21-2008, 10:17 PM   #2
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Although this isn't an experienced answer (sorry), I talked to the financial aid people and they told me that as long as I don't make more than ~$3,000 over the summer, then my grant will probably not change.

I am not sure how much that helps, but if they give you that much space before altering the grant amount, they definitely shouldn't change the grant amount significantly over the four years there.
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Old 04-22-2008, 02:53 PM   #3
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We are also interested in the issue. So far, our EFC is the borderline between bearable and impossible. We might try to make a little bit more money (I am stay-at-home mom who might find some, most probably, low-paying job), but have no idea how will that change our EFC. Could they increase it significantly after insignificant income gain?
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