An important concept I need to understand

Midwest_Dad
Sat, 21 Aug 2010 20:09:49 +0000

Absolutely. Look around the Financial Aid pages on the Dartmouth website. They keep loans to a minimum. As long as your parents have made plans to cover their EFC you should have no trouble. The unfortunate reality is that many parents were not saving and find when a child goes to college they cannot pay the EFC out of current income. The way EFC is calculated it is expected to come out of a combination of current income and accumulated savings. You will find any of the Ivy or Ivy peers (Stanford, MIT, Williams, etc) are very generous in their aid packages. Good luck.