The situation stinks for you. I get it. We all want the best for our kids. What if your kid does not get in ED2? You have other options. Same goes if you do not get the FA you need to make this reasonably work. I will tell you I have a relative who allowed her 2 kids to go to unaffordable schools, took out large loans so their kids could attend their “dream schools” and now 4 years after youngest graduated are in a big pile of financial dept they cannot afford to pay. Don’t do it! Don’t hope for the best, plan for the worse. Your child may end up loving the school you can afford. I feel for you.