Dynamics of Grants and Institutional Scholarships?
Our first born is in the final few weeks of making decisions for next year. The application process went very well they have several options among selective programs.
There is no standout "Most Favorite School. OMG I have to Go There"
The top 4 have awarded grants and/or institutional scholarships to reduce direct costs to our EFC level according to FASAFA form.
If the lowest price school after grants/scholarships = $0/year then the other options would be
For those that have been through this before (or those of you with inside knowledge) what should we make of this?:
-- Is this just the standard FIn.Aid approach for a well-qualified student at selective LACs? With the published rates so high that it's easy to be seduced by "wow $40k in Grants" but that still leaves nearly 30k to be found via loans, earnings etc.
-- are there any conversations/negotiation at this point we should try... "We have 4 great options... is there any way to sharpen the proverbial pencil?"
Thanks for any info or insight you can provide based on your experiences.