Fin Aid Letter - When do we get it?

tedrco
Tue, 25 Mar 2008 19:59:31 +0000

Our D’s acceptance letters are slowly coming in. Our EFC is pretty high - $20K+, so we aren’t really expecting any need based aid, but we are interested in loans (unsubsidized Stafford) and a work-study program. The letters we’re received so far mention merit scholarships, but nothing else. The schools we’re hearing from are all OOS or private, so even with our high EFC they’re still all more per year than our EFC.

Can anyone tell me when we disucss the possibility of loans, work-study or other possibilities with the universities? I keep hearing about “FinAid packages,” but we haven’t received anything along those lines from the schools. Do we get into financial aid and loans, work study, etc, before we send in the official acceptance?

On a similar topic, is work-study also considered “need-based,” or is it open to all?

Thanks