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Concerns about financial aid

ScrabbleMxScrabbleMx Registered User Posts: 11 New Member
edited March 2011 in Stanford University
I am a senior in high school and I was just accepted to Stanford! I am ecstatic and I really want to go. HOWEVER, my parents looked at the financial aid info and freaked out. Our EFC is about $50,000. My dad's income is a little more than twice that much. Am I expected to take on ~$35,000 per year in student loans? If not, is Stanford willing to expand my current ~$2,000 grant? I would really like to go, but I feel like my family is too well-off to get need-based aid, but not wealthy enough to pay for my education. Any insight is appreciated, thanks!
Post edited by ScrabbleMx on

Replies to: Concerns about financial aid

  • NJDSNJDS Registered User Posts: 1,323 Senior Member
    they also look at savings, investments, and other information. an income of ~100k alone would not usually be high enough for just $2k in grant.

    unfortunately, they almost never reconsider financial aid in terms of grants. they might increase the subsidized loans, but that is quite useless.
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