Deferring attendance and FA?

cptofthehouse
Wed, 28 Mar 2012 16:55:12 +0000

The fact of the matter is that you and every single other family is making a 4 year decision based on the financial aid awards for the first year. Even if you student did not take a gap year, it is possible that a “bait and switch” occurs, leaving him/her in worse shape. At least with a gap year instead of a freshman year, your student can reapply as a freshman elsewhere and get the favorable freshman treatment for financial aid. Transfers get nowhere the financial aid that freshmen do as a rule.