<p>I’ve mentioned this in other threads, but this happened to my non-MT daughter, who got into her then-dream school, RISD (Rhode Island School of Design)–but had to decline because they offered no scholarships. It was just, “Congrats! You can borrow $55K/year!” The key is to be upfront about it and clear from the get go. I’ve told my kids they have two hurdles to overcome-- getting in, and paying for it. If you’re clear from the start, that really helps with the disappointment. It’s still disappointing, but it’s not a shock, and as Calliene wisely says, it’s not the last time they’ll have to face disappointment, nor is it the last time they’ll make a decision based on practical money matters. Onward and upward!</p>