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Financial Aid?

majormajorhelpmajormajorhelp Registered User Posts: 32 Junior Member
edited March 2010 in Bowdoin College
I didn't completely finish mine but I was wondering how everyone else faired. Generous?
Post edited by majormajorhelp on
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Replies to: Financial Aid?

  • majormajorhelpmajormajorhelp Registered User Posts: 32 Junior Member
    Anyone hear yet?? Lol
  • solastalgicsolastalgic Registered User Posts: 60 Junior Member
    I got my financial aid offer, and it was more than the average package (which according to the website is $28500). It's still not a deal clincher though, because a large factor was my sister being in college at the same time as me, but by next year, she will have graduated college...It would suck to not receive enough financial aid for sophomore year and have to drop out or something.
  • majormajorhelpmajormajorhelp Registered User Posts: 32 Junior Member
    How much did they leave for your family to pay? Was it close to your EFC?
  • LibsterxdLibsterxd Registered User Posts: 8 New Member
    I got 24700 a year, but it was not exactly what my family asked for, so we may have to stretch a little bit :(
  • crazyyycrazyyy Registered User Posts: 117 Junior Member
    i havent gotten a definite amount yet but the projected amount was pretty awesome. Hopefully i will get the final amount soon though.
  • solastalgicsolastalgic Registered User Posts: 60 Junior Member
    I got about 35k, but that still leaves 17k for my family to pay, which is twice my FAFSA EFC.
  • soccer92boysoccer92boy Registered User Posts: 106 Junior Member
    Just wondering how FA works here.

    FAFSA EFC : $4000+
    Leave the gap to pay : $10,000+

    I think it is a fair offering and nothing special. Like to hear other CC said? Good, fair or bad.
  • soccer92boysoccer92boy Registered User Posts: 106 Junior Member
    Add more info for reference

    FAFSA EFC : $4000+
    Leave the gap to pay : $10,000+
    Flag state U gap to pay $12,000+

    *Gap = No loans and work study.
  • light10491light10491 Registered User Posts: 1,174 Senior Member
    My package was:

    $40,000 total grant

    then they're like oh you can make 2,000 in work study, ur expected to make 2,300 over the summer, and we believe you can prob get scholarships but if you dont we offer loans

    so somehow i need to find that extra $12,000
  • royal73royal73 Registered User Posts: 275 Junior Member
    Aid was in the ball park of what fin aid calculators came up with, so there was no shock. After filing taxes, though, and re-doing calculators, EFC would be several thousand less. Bowdoin's student aid info refers to reducing, but not increasing, grants based on the actual financial data submitted.

    Anyone know if Bowdoin aid is ever increased after final PROFILE, tax returns are filed?
  • light10491light10491 Registered User Posts: 1,174 Senior Member
    Interested in royal73's post.
  • soccer92boysoccer92boy Registered User Posts: 106 Junior Member
    Royal,

    "EFC would be several thousand less. Bowdoin's student aid info refers to reducing, but not increasing"

    I don't understand what you said? Can you explain? I got some but not sure?

    What do you think my FA? is it fair based on FAFSA EFC? I don't know CSS EFC number?
  • royal73royal73 Registered User Posts: 275 Junior Member
    soccer92boy -- Bowdoin uses CSS PROFILE for financial aid. Deadline for submitting it along with Early Decision II application was Jan. 1, so the financial information we provided was based on best estimates at the time. After we filed our tax returns in early Feb., we updated the information provided in the PROFILE with the final 2009 data and better estimates for 2010 (PROFILE asks for this). S got aid offer with acceptance in Feb., then we updated PROFILE and FAFSA (which is used for federal and state aid, not Bowdoin grants).

    I just looked at Bowdoin's web site again and it says "After May 1, Bowdoin contracts with the College Scholarship Service’s Imaging and Documentation Service (IDOC) to collect and image 2009 student and parent tax returns from all families who accept our offer of admission. We verify entries against comparable tax data and we adjust grant awards in cases where underestimations of income occur."

    So, this means if your family income for 2009 was greater than what you estimated, your grant award may be adjusted, presumably downwards. We overestimated our income. Bowdoin doesn't say it adjusts grant awards to address overestimations of income.

    For Bowdoin students, the FAFSA is used just for state and federal aid. It isn't used by Bowdoin for its own grant funds.
  • mzactress92mzactress92 Registered User Posts: 5 New Member
    I have a question when everyone heard from Bowdoin. I have not recieved a letter yet, and I am getting worried :/
  • luluzgluluzg Registered User Posts: 610 Member
    I think they were ED applicants or received an early writey
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