FinAid questions.

bluedog
Wed, 02 Jun 2010 10:24:56 +0000

If your parents have a lot of investments, it’s possible that you won’t get a full ride even if their income appears to be below some threshold. I’m talking stocks, bonds, etc. I know for a fact that Duke doesn’t consider the value of the home that you live in in it’s calculations. However, investment property where you and your parents do NOT live might be used in the calculation. I have no idea if this is the case in your situation, but just throwing out the possibility. After all, it wouldn’t really be fair for somebody to get a full ride whose parents have $5 million in the bank but retired early and thus have minimal income. So, financial aid isn’t 100% based purely on salary. If you have any questions, though, it doesn’t hurt to ask the financial aid office.