<p>@lookingforward - I did not say colleges do not run their own formulas. All I said is whatever formulas they run, the money in = money out line items must match for the business to actually be healthy. They can run all the formulas they want, but financial aid office cannot spend more FA money than allocated, so someone has to make decisions on who pays what and how much, regardless of whom the adcoms want.</p>
<p>@sybbje719 - I agree most colleges do not meet 100% demonstrated need. I am not even addressing that issue because they are free to do as much.</p>