<p>Exactly momster. The reason we have a 529 is so the assets are treated as parental and apply at < 6% toward the net price calculation versus student assets, which are considered at a 25% rate contribution each year towards the net price.</p>
<p>When it first started, and I think the stat it was eluding to at the start of the article, was the work study dollars. To me, that is the “student contribution” that is expected of every student, and they do range from $1500 to around $4k.</p>
<p>The whole video is a bunch of nothing – a story looking for a topic. The only thing I would say is that if my kid earns an outside scholarship and they take it out of his FA instead of his loans or work study, I am going be pretty miffed.</p>
<p>Also, in my research (though not experience yet), Rice has excellent financial aid. And if they do put a minimum fee on an otherwise merit-based full ride, take out a loan and attend without looking back!</p>