<p>Not too long ago, Harvard, Yale, Stanford and Swarthmore announced, with much press, the launch of new formulas designed to award more grant money to families with adjusted gross incomes up to $180K or even higher. Promised were much lower expected family contributions, in the neighborhood of no more than 10% of AGI. So, did they deliver? I’ve heard that other circumstances ended up increasing that expected contribution right back up, close to where it was before these initiatives were introduced. What was your experience? Did you receive grant aid in the amount you were lead to expect? If not, what was the reason?</p>