Boston Globe-Article About Merit Aid

jaybee
Sun, 11 Mar 2007 21:14:02 +0000

Remember, an EFC of $45,000 can not only come from income. Assets (other than retirement) are counted, as well as home equity (if you are working with CSS/Profile).

Buy a house 20 years ago, watch it appreciate. . . and whoops! Now it’s a decision between home equity loans, state schools, or merit aid at a lower-tier school.