<p>I got a letter for my “tentative” FA…</p>
<p>Also, does the MIT’s FA formula pay more attention to family income or family savings?</p>
<p>I don’t know the answer to your question, but was wondering if you had missing forms and are just now recieving your FA package (because I am still waiting for mine and getting nervous)? Thanks :)</p>
<p>Unless there were some huge inconsistencies when they go through your forms in detail from what you reported, yep, that will be your financial aid offer.</p>
<p>Hi there!</p>
<p>The formula is based much more on income than savings. This is true of MIT’s formula as well as the Federal Government’s.</p>
<p>As for “tentative”, as long as your 2006 tax returns are in, there will be no change (other than designation of what loan or work problem you will be assigned).</p>